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In this week's episode, I take a deep dive into the biggest two documents tax documents people are receiving this time of year: the W-2 and 1099 the differences and how you can take advantage of each. I also am including the link I referenced for more IRS guidance on the subject and especially if you’re a business owner, how to correctly classify your workers for tax reporting purposes.

https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee