Please Wait

Are there any tax benefits to hiring a virtual employee?

There are tax benefits to hiring a virtual employee if they are brought on as an independent contractor. With regular employees, you withhold income taxes, withhold and pay Medicare and Social Security taxes, and pay unemployment taxes on the wages that you pay that employee. With an independent contractor, you are not required to withhold or pay any taxes on payments that you make to an independent contractor. You must, however, submit a 1099 to them by January 31st so that they can claim the income made and pay the applicable taxes on their end.

Visit Us

1210 N Jefferson St. Suite P
Anaheim, CA 92807

Call Us

Support: 714-869-5193
Office: 714-869-5193

Contact Form

download free uapkmod,action game apk mod, android apps apk mod