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How Do You Handle Taxes When Outsourcing to 3rd World Countries?
How Do You Handle Taxes When Outsourcing to 3rd World Countries?
You obviously can't 1099 them so you just take a hit on the taxes right? What's the best way to still be able to right it off? |
As an expense for your company....but you MUST pay them under their company name only...not to a person ( individual ) .... Notice : Dont take my advise as your accountant, please see your own hired accountant for advise .. lol ..... Mahoneyyyyyyy whats up baby ;-) hope all is well....
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just ignore them tax wise also don't actually pay them at all in the end
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That is why you have an accountant or CPA.
You claim them on your taxes like you would anything else as an expense. Make sure you have receipts, contract, or something showing proof of payment. I refuse to do business with people who... 1. Do not offer receipt. 2. No paper, or digital trail, of payments.... If I do not get an invoice/receipt. You do not get paid. |
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