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Subject:Re: 1099 vs Incorporation Pros &* Cons From:wayne menke <wdmenke -at- worldnet -dot- att -dot- net> To:"TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com> Date:Mon, 08 Jan 2001 18:54:37 -0500
There's no requirement to report tax ids for payments made to corporations.
Elna Tymes wrote:
> What you may be running into is a general level of misunderstanding among
> employers and agencies about the real differences between being incorporated
> and being a 1099 contractor. In both cases, the employing company has to
> report a tax ID when it pays you: if you're a corporation, they report your
> corporate tax ID, if you're a 1099 contractor, they report your Social Security
> number.
Wayne Menke
Mendem Concord, Inc.
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