Results 1 to 8 of 8

Thread: Paying for articles through a company

  1. #1
    DickTracy is offline Newbie Net Builder
    Join Date
    Dec 2008
    Posts
    116
    Thanks
    12
    Thanked 19 Times in 12 Posts

    Paying for articles through a company

    Most countries only allow companies to deduct expenses if they have an invoice from the person doing the work.

    So at the moment I usually end up paying for articles via a personal account, when I'd much rather my company paid for them. That way they would be tax-deductible and only end up costing me half as much.

    Same applies for design work and any other outsourcing found on forums etc

    Is there a way round the problem? Do other people ask for an invoice from the writers doing the work?

    I'm in France but knowing the way it works in other countries would also be useful.

    Cheers

  2. #2
    xxtoni's Avatar
    xxtoni is offline xxtoni
    Join Date
    Jan 2010
    Posts
    353
    Thanks
    16
    Thanked 42 Times in 34 Posts
    When I read the title i assumed you are from Europe,a way to do this would be to just find another company that does design or writing content or whatever you need,and just pay them,they can easily invoice you and you wouldn't have problems with this,the problem is that most people only work on a Paypal basis.

  3. #3
    mporgsoft's Avatar
    mporgsoft is offline Unknown Net Builder
    Join Date
    May 2010
    Location
    IL
    Posts
    4
    Thanks
    0
    Thanked 0 Times in 0 Posts
    I would think a PayPal proof of payment with what was purchased in the subject would be sufficient evidence for any IRS auditor in the USA.

    Have you tried emailing your suppliers with a template where they simply need to feel in their business info and send it back?

  4. #4
    DickTracy is offline Newbie Net Builder
    Join Date
    Dec 2008
    Posts
    116
    Thanks
    12
    Thanked 19 Times in 12 Posts
    That's an interesting idea mporg, I had assumed that wasn't enough - usually they want something actuallly sent by the counterparty - but I guess it's worth asking our accountant at least.

    Most people doing the work don't have a 'business' as such, they are just writing articles etc for me in their spare time, and I have no idea if they are declaring it as income on their own tax returns - probably not, I guess - so they might not be keen on putting anything in writing.

    Cheers

  5. #5
    xxtoni's Avatar
    xxtoni is offline xxtoni
    Join Date
    Jan 2010
    Posts
    353
    Thanks
    16
    Thanked 42 Times in 34 Posts
    Quote Originally Posted by DickTracy View Post
    That's an interesting idea mporg, I had assumed that wasn't enough - usually they want something actuallly sent by the counterparty - but I guess it's worth asking our accountant at least.

    Most people doing the work don't have a 'business' as such, they are just writing articles etc for me in their spare time, and I have no idea if they are declaring it as income on their own tax returns - probably not, I guess - so they might not be keen on putting anything in writing.

    Cheers
    Well yea,that's what most freelancers do,some do contracts but its rare,if it doesnt cost much,it would be probably best if you pay it from a personal account,but if that's too much,just find a company that writes articles for a reasonable price and that is reliable and stick with them.Good luck.

  6. #6
    Social-Media is offline Search Marketing Consultant
    Join Date
    Mar 2010
    Posts
    61
    Thanks
    0
    Thanked 23 Times in 21 Posts
    Quote Originally Posted by DickTracy View Post
    Most countries only allow companies to deduct expenses if they have an invoice from the person doing the work.

    So at the moment I usually end up paying for articles via a personal account, when I'd much rather my company paid for them. That way they would be tax-deductible and only end up costing me half as much.

    Same applies for design work and any other outsourcing found on forums etc

    Is there a way round the problem? Do other people ask for an invoice from the writers doing the work?

    I'm in France but knowing the way it works in other countries would also be useful.

    Cheers
    Why on earth would you NOT ask for an invoice? Simply tell them that if they want to get paid then they need to send you an invoice. Invoice templates abound for free on the web... Excel templates... Word templates... etc.

    There are no standards that I'm aware of that the invoice has to meet some standards.

    If nothing else, simply pay for it with a company check and note that your are paying for an article on the memo line of the check.

    If you're trying to run a business, don't pay people in ways that you cannot deduct the expenses on your company taxes.

  7. #7
    xxtoni's Avatar
    xxtoni is offline xxtoni
    Join Date
    Jan 2010
    Posts
    353
    Thanks
    16
    Thanked 42 Times in 34 Posts
    Quote Originally Posted by Social-Media View Post
    Why on earth would you NOT ask for an invoice? Simply tell them that if they want to get paid then they need to send you an invoice. Invoice templates abound for free on the web... Excel templates... Word templates... etc.

    There are no standards that I'm aware of that the invoice has to meet some standards.

    If nothing else, simply pay for it with a company check and note that your are paying for an article on the memo line of the check.

    If you're trying to run a business, don't pay people in ways that you cannot deduct the expenses on your company taxes.
    At least in my country,it doesn't work this way,the only way you can pay is with a giro transfer,so if someone doesn't accept that,you can't pay them over your company,and even if he does and doesn't pay the tax,you end up paying it.

  8. #8
    cebumedia's Avatar
    cebumedia is offline Unknown Net Builder
    Join Date
    May 2010
    Posts
    5
    Thanks
    0
    Thanked 0 Times in 0 Posts
    I guess what you our referring to our agencies instead of companies. Agencies are the once making recruitments or outsourcing the work that's why you end up paying more. I suggest you just find individuals to the work rather than looking for companies which are rather expensive.

Similar Threads

  1. [WTT] Want $10 paypal, paying $20 MB
    By eXe in forum Marketplace
    Replies: 0
    Last Post: 16 May, 2011, 22:11 PM
  2. Replies: 13
    Last Post: 11 September, 2010, 22:26 PM
  3. [WTH] Paying for Diggs - Can Anyone Do This?
    By Ascendancy in forum Services
    Replies: 2
    Last Post: 31 December, 2009, 12:50 PM
  4. PPC paying thru paypal?
    By Hol Mohida in forum PPC
    Replies: 6
    Last Post: 20 December, 2009, 17:47 PM
  5. best ptc paying sites...
    By mv3083 in forum Promoting
    Replies: 1
    Last Post: 25 August, 2009, 09:29 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •