| Aspect | W2 Broker |
|---|
| Employment Status | Employed by a staffing agency or brokerage, receives W2 wages |
| Tax Withholding | Taxes, Social Security, Medicare withheld by employer |
| Work Environment | Typically in a structured office or client site environment |
| Credentials | Often requires industry-specific licenses or certifications |
W2 Brokers are employed by a company and receive W2 wages, with taxes withheld. They work in structured environments and often need specific credentials. In contrast, 1099 Contractors operate independently, handle their own taxes, and have more flexibility. The choice depends on desired employment structure and benefits.