Monday, 21 October 2013

Varoius TAX Terms in US

·         W2-Contract – Will be working as a contract W-2employee for the company.
·         Contract to hire -W2 – Will be working as a contract W-2employee for the company with the option to hire.
·         Full time-W2 – Will be working as a full-time W-2 employee for the company.
·         Contract- Independent – Will be working as a contract 1099employee for the company.
·         Contract to Hire - Independent – Will be working as a contract 1099employee for the company with the option to hire.
·         Contract- Corp-to-Corp – Will be working on contract with or through another corporation.
·         Contract to Hire - Corp-to-Corp – Will be working on contract with or through another corporation with the option to hire.

·         TN– Visa for temporary workers authorized under schedule 2 of NAFTA.

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