Unleashed - How to Thrive as an Independent Professional
106. How to pay a subcontractor
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How do you pay a subcontractor?
In this episode, I try to answer that question, sharing ten years of lessons learned, covering:
1) How do you actually transfer the money, covering options including check, PayPal, wire transfer, ACH, and bill.com
2) Tax implications, W9, 1099, and 'nexus issues' you need to be aware of
3) What to ask your subcontractor for in terms of an invoice
4) How to track payments to subcontractors