Paying independent contractors

Hiring & Paying Independent Contractors

Determine if your vendor should be paid as an independent contractor or as an employee. Review the IRS guidelines on whether to categorize a worker as an employee or an independent contractor to make…

haiba hamilton
Updated by haiba hamilton

Tax reporting from third-party payment processors

HOW DO YOU HANDLE THIRD PARTY PAYMENTS ON 1099'S? Any payments made by credit card or third-party payment processor will be reported on the 1099-K by the payment processor, not on 1099-MISC by the or…

Nadia Tykulsker
Updated by Nadia Tykulsker

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