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Single member LLC - hired/terminated employees
Hi. Single member LLC for approximately 8 mos this year. I hired and terminated W2 1099employees earlier this year. I'm curious how their brief employment will impact how I file taxes for this year. As the business owner, I also switched my status from employee to contractor, how does that impact tax filing beyond state/fed taxes taken out vs not being taken out in my wages?
‎November 13, 2024
10:24 AM