If you consider Neanderthals as merely a subspecies of human rather than a separate species, then they are Homo sapiens neandarthalensis, and modern man is Homo sapiens sapiens. read more
Even Homo sapien idaltu thought by some to be the direct ancestor of Homo sapien sapien is an evolved erectus. In short, Homo sapien sapiens would label modern humans as a subspecies of the genus Homo while Homo sapien labels modern humans as a species of the genus Homo. read more