Monday, February 23, 2009

5. There were no payroll taxes to worry about.

5. There were no payroll taxes to worry about. In
some states, the services provided by virtual assistants
were recorded under "office expenses" for tax purposes. Other states required the business owner to
issue a 1099 at the end of the year if the virtual assistant was paid more than $600.00. But regardless of
the accounting method used, a virtual assistant was
much easier to keep expense records for compared to
onsite employees. In fact, several business owners
had stopped using their third-party payroll service
when they switched over to employing virtual assistants exclusively.
6. There was no additional investment for phone
systems. Virtual assistants already have their own
phone, fax and cell phones. For business owners

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