#9 A (Tax) Tale of Two Clients

In this week's episode, I take a deeper dive into the biggest two documents tax documents people are receiving this time of year: the W-2 and 1099, the differences and how you can take advantage of each. I do that by telling the story of two different clients, both with back tax issues and describing how the documents they had made all the difference. I am including the link I referenced for more IRS guidance on the subject and especially if you’re a business owner, how to correctly classify your workers for tax reporting purposes. https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee