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Suppose I have a real company, and I want to expense or capitalize this. Does anyone have experience with IRS rules on this? What if the guy is in the U.S.? Do
by jackfoxy 17y ago
Suppose I have a real company, and I want to expense or capitalize this. Does anyone have experience with IRS rules on this? What if the guy is in the U.S.? Do I have to send a 1099 to every coder I rent in this fashion to protect myself and my company?
- bestes 17y agoI used oDesk and found that because it is a corporation, I don't need to send them a 1099. And, because all the people work for you through the company, you don't have to do anything special.
- jackfoxy 17y agothanks
- HeyLaughingBoy 17y agoIIRC, RentACoder sent me a 1099 that covered all the payments they made to me for the year I bid on a few projects. I had already accounted for the income, so it didn;t really change anything.