Should my staff be 1099 or W2?
Navigating the tax code is - at the very least - difficult. Impossible, perhaps. We're thankful to be joined by John Briggs of Incite Tax to help us wade through the waters.
In today's episode, John and I explore the benefits of designating your staff as 1099 (subcontractors) vs. W2 employees.
After checking out the episode, we recommend you share it with your staff. Chances are, your coaches and other contractors are not maximizing some of the deductions for which they qualify.
Again, today's episode is intended as a general roadmap and every situation is different. Consult with your CPA or tax attorney before taking any action.
