No. With pay1099.net, you can onboard unlimited contractors and pay them instantly.
It will usually take 4 days to make direct deposit to your contractors. You will be notified when funds are debited from your bank account and also when it gets deposited to your contractors bank account.
Pay1099.net provides multiple ways to add your contractors Form W-9 information. You can either "Add Form W-9 Information of your contractors Manually" or by "Inviting them to Add or Upload Form W-9 Information" through our online portal.
Yes. Pay1099.net support payments to all the type of contractors.
Here are a few things that you need to do before paying contractors
Just provide us the data in any file format. We will handle the onboarding process or you can use our bulk upload option where you can enter all your contractors information in a single file and upload it back to your system.
Pay1099.net will track the payments made and its type. If the payments were more than $600 per year, Pay1099.net will automatically generates the required 1099-MISC for each type of payments made like non employee compensation, rents, royalties, etc., and file it with the IRS on year end and mail the recipient copies on behalf of you.
Yes. As Pay1099.net is compatible with all the types of devices, you can pay contractors from any mobile or tablet device.
Yes. With Pay1099.net, you can add additional users to your account. Added users can manage payments, file 1099s, etc. You will be having the option to track all their activities.
Pay1099.net provides you with over 20 reports with which you can keep track of the payments made at any time. You can also access the reports which are available under the "Reports" section.