1099's: If the Shoe Fits, Wear It!

Make sure the shoe fits before you file 1099 Forms by checking the IRS website, utilizing  a handy 20 point checklist and collecting a W-9 from each contractor.

So you're asking which IRS webpage, what's a W-9 , and where can I find that 20 point checklist. Well, continue on to find a handy 20-point checklist made into a Google Form that you or your contractor can fill out, along with some helpful links to the IRS web pages regarding contractors vs. employees, and the IRS W-9 form. So are your ready for 1099 Season? 

If you're not sure if you have an independent contractor or an employee, visit the IRS website for detailed information at:
www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee

And, if you need to qualify the person you are paying as an independent contractor, try this handy Google Form by clicking the link below and making a copy of it. 
20-point Independent Contractor Questionnaire

If you haven't collected a W-9 from each contractor click the link below to get to the IRS's forms page and download the most recent copy of the W-9 and have each contractor fill one out and return it to you along with their questionnaire. 
IRS Forms Page for the W-9

Are you a nonprofit or small business wrestling with how to qualify 1099 contractors? Do you need some help getting your financials in order, so they clearly reflect your commitment to your mission, vision and goals? Please contact me! I'd love to hear your nonprofit or small business story, and see if I can help liberate your time and efforts to fulfill your mission, vision and strategic goals. 

Candance Weaver Bookkeeping's blog content is offered as guidance only, and is not meant, nor should it be construed as, a replacement for certified, professional expertise.