Doctor of Laws. Personal finance consultant.
Definition of W-2 form, according to the IRS website sounds like a Wage and Tax Statement.
It is a very useful document for both employers and employees. The template is used to cover withholding purposes and report salaries.
It is a must for every employer to send this form to each of the employees to whom a salary, compensation or wage is paid. The forms are not sent to the…
1099 form is a set of docs required by the Internal Revenue Service of the United States. They are used by self-employers for reporting earnings, profit, dividends, government compensations and other. 1099 form is also known as an “information return”. Such documents are used for reporting different types of income that you receive during the year. A company or an organization you work with is responsible for sending you an…Continue