Independent Contractor Tax Implications
February 24th, 2007
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Question: What are the tax obligations of an S-Corp to 1099 contractors?
My company (an S-Corp) is planning to hire an independent contractor for a small project. What are the tax implications that I need to be aware of? I have only used full time employees in the past. Detailed answer with sources would be very much appreciated.
Answer: 1099 contractors are responsible for all their own taxes. You just need to send them their 1099 at the end of the year.
Greystar Resources Ltd: Year End Financial Statements
FOR: GREYSTAR RESOURCES LTD. TSX, AIM SYMBOL: GSL March 29, 2010 Greystar Resources Ltd: Year End Financial Statements VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 29, 2010) - Greystar Resources Ltd. (TSX:GSL)(AIM:GSL) - Annual Financial Statements Years Ended December 31, 2009 and 2008 (In Canadian Dollars, unless otherwise noted) /T/ KPMG LLP Chartered Accountants PO Box 10426 777 Dunsmuir ...
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