providing graphic design, branding, photography and marketing expertise to denver and the world
Quote
of the Week:
All solitary dreamers know that they hear differently when they close their eyes.-Gaston Bachelard
1099 me, baby!
..or not?
It's that time of year again, when my desk gets covered with all of the paid invoices and all of the expense receipts from the previous year as I try and categorize all my spending and income for Notchcode in order to make my CPA happy. The most interesting facet of this is who I receive 1099s from. Some organizations send me a 1099, treating Notchcode's services as a contract employee. Others don't send anything, treating me like a copier repairman, or the company that cleans their drapes in the office (a firm that provides a service, but one that is written off as an expense, not as labor). I can see an arguement for both sides, but I wonder what a real professional, like a CPA or employment lawyer, would say? Any other designers out there have a good answer for which way is the "right" way?
Incidentally, it doesn't matter whether or not I sign an Independent Contractor or Work For Hire agreement (I never do the latter, by the way), and it also doesn't matter if I sign away unlimited use, or just specific use...some people who have limited use rights send 1099s, and others who made me sign an independent contractor agreement and get unlimited use (but not transfer of copyright, thank you very much) do not send me 1099s. So what is the criteria?
In any case, I am an Honest Bloke running an Honest Company, and I account for every penny of fees and expenses that come my way from clients, so the IRS doesn't have to take me to task about it later on; so getting a 1099 really doesn't make much of a difference to me. But I am curious as to what the rationale behind sending/not sending one to Notchcode is.
Got any ideers? Post 'em here.
posted at 12:28 PM Leave your comments here: 0 comments
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