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If you're a business owner who hires independent contractors, it's important to understand the differences between the 1099-NEC and 1099-MISC forms. These forms are used to report payments made to independent contractors, but each has its own specific purpose.
Banks don’t fail often. But when they do, it’s often a domino effect—and the official FDIC insurance only goes up to $250k. Which means that if you’ve got more than $250k deposited and your bank fails, you could be at a loss. So what can you do about it?
Running payroll within your home country is tough enough. Paying a team in multiple countries is a headache: banking and compliance systems just weren’t set up for a world where you can just as easily work with someone across the street as across the globe. The good news? There’s a way to streamline your international payroll — so you can pay your team in a few minutes, not hours. Read on to learn more about paying your team in 2023.