Remove 2022 Remove Forms Remove Payroll Remove PDF
article thumbnail

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

BMT Office Administration

Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. A W-2 is a tax form that businesses send to their employees as well as the government. What is a W-2? What is a 1099?

Payroll 52
article thumbnail

New guidelines for electronic W-4s you probably missed

BMT Office Administration

Without any fanfare at all, the IRS included new guidelines for electronic W-4s in the 2022 edition of Pub. The IRS states that electronic substitutes for Form W-4 aren’t a license to simplify or modify the form. You can use the IRS’ PDF version and allow employees to use Adobe’s signature feature to attach their signature.

Forms 52