Money matters…

Here are the answers to the major questions:

  • I invoice using Zoho Books. You'll be sent to PayPal or Stripe where you can then choose your payment methods and such. Please wait to pay until you receive your invoice – it makes it easier for me to keep my bookkeeping square, and Zoho makes it easier for you too as you can track your projects and invoices as needed.
  • I accept (and prefer) PayPal. I will accept physical checks, but again – I GREATLY prefer PayPal. It's quick, easy, and I can print a nifty little report to take to my accountant when April rolls around.
  • Payment schedule: Projects will be invoiced by phase (developmental editing, line editing, and so forth). Project phases of $500 or less will be invoiced when work begins. Generally project phases of $500 or greater will be invoiced in two parts with a 50% deposit due up front and the remainder due upon completion, although this may change depending on projected turnaround time. Invoices will be sent within 72 hours of the project's start. Files will be delivered upon final payment.
  • Invoices will be provided for all projects.
  • W-9 and 1099-MISC forms: You do not need to issue me a 1099. In fact, any vendor whom you pay via a third-party processing company such as PayPal, Stripe, and the like does not need a 1099, and it can in fact lead to them getting audited by the IRS. The reason for this is that the payment processor will issue a 1099-K that details all the payments they received for the year. This is assuming they meet the threshold to get a 1099-K, but whether they do or not, you still should not issue a 1099-MISC. Also, Victory Editing is an S-corp, which excludes me from needing a 1099-MISC.

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