Someone’s knockin’ at the door.
Posted on January 15, 2021

Somebody’s ringin’ the bell.” -Paul McCartney


This time of year I’m buzzing around trying to collect outstanding W-9 forms from all the subcontractors my clients have worked with.


Can you guess the subcontractor who doesn’t get a Form 1099 for non-employee compensation? Anyone who lives and performs the the work abroad!


That’s right- if the contractor is not a U.S. taxpayer and the services were performed outside the U.S. they do not get a Form 1099. Instead, you will need to have them complete a Form W-8BEN. This form certifies that they are not a U.S. taxpayer. The form is for your files only. Attach it to the vendor profile in your bookkeeping software. Keep it safe and secure in case the IRS ever comes knockin!

#knowyourbusiness #ildertonbookkeepingllc #locallove #shopcharleston #shopcharleston #smallbusiness #smallbusinesstaxes #form1099 #formw8ben

Sullivan’s Island, SC

3 Steps to Uplevel Your Business

Strategize, organize, and implement changes that will help take your business to the next level. Sign up to get instant access!

You have Successfully Subscribed!