What do these three things have in common: 1099, TEKsystems, convenience? Absolutely nothing. Here’s the story: My business is needing some extra revenue for the next couple of months to fill in some gaps. So what do we do? We go out to some recruiting agencies to get some short temp work. We wanted to do it on just a 1099 basis (1099 is IRS-speak for independent contracting) so we don’t have to mess with getting our employees on a W-2 basis with the company (TEKsystems). That would make it a nightmare to transfer that money to the business then.
Ok, bear with me. TEKsystems says they have two options: W-2 or Corp-to-Corp. What, no 1099? Who doesn’t do 1099’s?!? Its the easiest thing in the world to do; no taxes, no hassle. Well, apparently they don’t. They would require each of our employees to set up their own corporation in order to be paid on a 1099 basis. Can you say Jeppys, Inc.? I can’t, and I won’t.
Bottom line: They would be great to work for if I just wanted some money for myself (good money at that), but they won’t work with businesses. It really makes no sense that a company that provides employees for needing companies won’t provide employment opportunities to needing companies. Geesh…
Like this:
Like Loading...