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Friday, April 12, 2019

Consultants: Corp to Corp versus 1099

Consultants: Corp to Corp versus 1099

ref: Corp To Corp: Everything You Need to Know from upcounsel.com
“ You may prefer a corp to corp arrangement instead of a 1099, as it protects you from the risks regarding the employer-employee relationship. … The major difference between C2C and 1099 is that with C2C, you don't have to pay self-employment taxes on your income. However, you must pay yourself a set salary, as well as pay all required employee and employer taxes.

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