Learn the Rules

April 16, 2023

FilipinoContractors.com and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

May 23, 2023

Contractor Agreement Considerations

FilipinoContractors.com and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

May 22, 2023

CYA Agreements

Based on what we have seen in the summaries of the articles referenced above, the independent contractor agreement between a US company and a Filipino contractor should probably include the following:

May 22, 2023

Contractor Agreement Key Sections

A freelancer agreement between a US company and a Filipino contractor should include the following important items:

May 20, 2023

Consequences for Misclassification as a Contractor

Misclassifying a Filipino freelancer as an independent contractor (because they are really an employee by statute and legal definition) can have serious consequences for both the US company and the freelancer. The consequences may include:

May 20, 2023

W-8 Versus W-9

The main difference between the W-9 and W-8 forms is that the W-9 form is used by US workers who have a Social Security Number (SSN) or Taxpayer Identification Number (TIN), while the W-8 forms are used by foreign individuals and non-resident aliens who receive income from US sources₁₂₃₄₅.

May 15, 2023

How a Filipino Contractor Should Complete the W-8BEN

To complete a W-8BEN form, a Filipino contractor should provide the following information in each field:

May 15, 2023

How Small US Companies Report Payments to Filipino Contractors on Form 1099-MISC

To create and issue a Form 1099-MISC to a Filipino contractor that made $600 or more during the year AND completed work for the US company for at least 90 days while the Filipino contractor was in the US, a US company must follow these steps: