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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

You will notice that the IRS publication PDF of the form has several copies. Previously, IRS Form 1099-MISC was the form sent to contractors, which can cause some confusion for employers, but the IRS introduced the 1099-NEC form in 2020 and now requires employers to use this form for independent contractors. Copy B: Recipient Copy.

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SUCCESS Changemakers Awards

Success

BIG) in 2020. Her company, Miller Co Medical Devices, will save patients from bedsores and pressure ulcers, which cost health care establishments about $26 billion yearly, while reducing hospital-acquired injuries. After 20-plus years working in health care and education, Burgess founded and launched Bold Industries Group, Inc.

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