What's an employee?

Are you asking yourself what's an employee? Do you have a business and are thinking about hiring an employee or paying someone as a 1099 contractor? In this video, I will go over what the difference is, the benefits and drawbacks of each, and which one we use in our trucking business.
0:00 Intro
0:44 Employee
2:03 Workers Comp Insurance
2:41 1099 Contractors
3.25 IRS Definitions of independent contractors
5:00 How we pay people
5:35 Quickbooks Payroll
5:47 How I do payroll
5:58 How businesses get in trouble
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*This video is for educational purposes only, always consult your attorney or accountant for specific advice when borrowing money or signing any contracts. This channel represents only my opinions and not any of my past, present, or future employers.

[@bigjim3644]

More great information. Thanks Nick. I learn so much from your videos. Thanks for your time and info. It helps alot.

[@MysteryofMoney]

Glad to hear it! Thank you for watching!