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Taxes and paying contractors outside the US
I am looking for some advice regarding hiring an accountant. I am currently just winging it with some invoicing software to handle AR but now that I am bringing on contractors I think I may need some help. It is a small LLC in Austin TX (less then 50k revenue) We offer software as a service (SaaS) via our website Most of our clients are non-profits One of our clients is outside the US (Canada) We may sell our software/service in Europe We all will be doing this part-time Work with two other people and would like to pay them as contractors. One is in the US and another is in India. They may eventually become partners. I am concerned that there may be some tax implications to paying foreign contractors that I don’t know about. I know that I need to report to the IRS payments over $600 for US contractors but I have no idea about the foreign contractor. What type of accounting services should I pursue given the above? Roughly how much do these services cost? ساعد في نشر والارتقاء بنا عبر مشاركة رأيك في الفيس بوك |
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