Hello. I am starting an online translation services using foreign freelance workers located outside the U.S. I have been reading various IRS publications and I am confused. Assuming that a foreigner working in Europe gets paid more than $600 in a year from me, do I have to issue a 1099? Do I have to withhold taxes on what I pay that person? If so, how much? What else do I need to do? Since I am just starting out and money is tight, I can't afford a tax advisor now. Thanks.
Welcome and hello to you too.
Everybody going into business should have both an accountant and a lawyer (and maybe an insurance agent).
Since you are just starting out, you can pay your tax advisors NOW or pay the IRS LATER.
We’re getting a new address, a new name, and a new look - and a whole lot more.Learn more Learn more
We’re getting a new address, a new name, and a new look - and a whole lot more.Learn more
There are no recent discussions
Ways to Make Your Search More Accurate
Most of the time, you just want to find content that has a particular phrase. Here are the easiest ways to find the content you want.