Worldwide Worker Woes
Description
π¨ Hiring contractors overseas? Donβt overcomplicate it. We just broke it down on Bookkeepers on Fire and hereβs the π₯ truth:
β
Contractor β Employee β If theyβre outside the U.S., theyβre not subject to U.S. payroll taxes.
Β
π W-8BEN is Your Friend β Have it on file, donβt send it anywhere. Just keep it for your records.
π Simple, Not Scary β Unless youβre setting up payroll in another country (π Canada anyone?), donβt make it harder than it needs to be.
Sometimes the biggest bookkeeping βheadachesβ are actually just paperwork in disguise. πβοΈ
π Would you ever hire a contractor outside the U.S.? Why or why not?
π₯ Join our Bookkeepers On Fire Community to connect π€, collaborate π¬, and thrive π with like-minded professionals who are passionate about bookkeeping, accounting and business growth.
Join us here: Bookkeepers On Fire Community
Bookkeepers On Fire is proudly ad-free and 100% listener-supported, so we can bring you unfiltered conversations without outside agendas. If you enjoy the show, consider donating to help keep our mics hot and our mission independent.
π₯Donate with Venmoπ₯Β Β π₯Donate with PayPalπ₯























