audit vs tax quiz
This is a guide to the top difference between Debit Note vs Credit Note. The IRS will perform such audits on employers if they suspect someone has misclassified an employee.
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Note that filing a 1099 and a W-2 for the same worker could result in a tax audit.
. The tax differences between W-2s and 1099s. Your tax obligations vary between 1099 contractors and W-2 employees. You may also have a look at the following articles to learn more-.
Here we also discuss the Debit Note vs Credit Note key differences with infographics and comparison table.
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