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What is the difference between being an employee (W2) and an independent contractor (1099)?

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What is the difference between being an employee (W2) and an independent contractor (1099)?

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Computer Professional Staffing, Inc. employs both W2 employees, as well as independent contactors (1099). There are very significant differences between these two tax classifications. To gain a complete understanding of these differences, please use the IRS link on the resource page.

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