Consulting professionals can choose between employment as a 1099 or W-2. We believe there are pros and cons to both, and the decision should not be taken lightly.   When evaluating your options, we highly recommend becoming familiar with both IRS and DOL regulations, and seeking insight from your accountant. If you choose 1099, please make sure you fully understand and comply with any required estimated quarterly payments and annual tax filing.

 

Pros and Cons of W2 verus 1099 Infographic

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