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CONTRACTOR PAYMENTS & TAXES

Fast and free contractor management

From making payments to collecting W-9s and filing 1099 forms, we make contractor management simple and affordable.

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Two tradesmen shaking hands in front of a work truck, beside a $1,000 contractor payment to Ash Parker and a prompt to manage W-9 profiles
A $525.00 contractor payment to Ash Parker in the Found app, above a prompt to collect the W-9 that goes with it.

“Switching to Found saved me almost $2,000 a year on contractor payments alone—money I can put back into my business.”

Cub Larkin Founder of Inclusive Therapy Group

How you can save with Found

Feature Found Others*
No required subscription fee† Included Sometimes included
No per-contractor fees‡ Included Sometimes included
Free W-9 collection and management Included Not included
Free 1099-NEC generation Included Not included
Free 1099-NEC filing Included Not included
Instant, free Found to Found payments Included Not included
Free bookkeeping features Included Not included
  • Yes
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Pay contractors and prepare for taxes

  • A technician working on a heating unit, beside a phone showing a $175 contractor payment to Adrian Tamayo

    Payments

    Send 1099 payments via email, text, direct deposit, wires, and checks. Schedule payments or save as draft, so they’re ready to go when you are. Sending repeat payments? Simply duplicate the previous one.

  • Three people in hard hats reading blueprints on a site, beside a prompt to collect Ash Parker's W-9 after a 1099 payment

    Taxes

    Request a contractor’s W-9 anytime or require it before they can accept payment. We’ll track payments and generate 1099 NECs for contractors you’ve paid $2,000 or more. Download and file 1099-NECs at the end of the year. You can even send 1099s from previous years directly to a contractor.

Learn more about how our payments give you more flexibility and control

Found has truly revolutionized the way we do business!

They collect contractor W-9s before dispersing payments, and automatically generate 1099s. It’s been a life-saver.

Olivia J. KARMA YOGA

Frequently Asked Questions

How can I pay contractors through Found?

Send payments to your contractors from the Found app or on desktop. Contractors can choose from a range of deposit options, including ACH, instant debit card transfers, and popular payment apps like Venmo, PayPal, and Cash App.

How much does it cost to use Found's contractor management tools?

Unlike other contractor management software, Found has no required monthly or per-contractor fees.

What is a W-9 form, and why do I need it when paying a contractor?

The W-9 is an IRS form commonly used by self-employed people. It enables businesses to collect tax information from anyone they pay who isn't an employee, such as independent contractors. Businesses are required to report to the IRS how much they paid each contractor, and to do so, they need the information provided on the W-9.

Will Found help me collect and track W-9 forms?

Yes. Found can prompt contractors to fill out their W-9 when they accept a payment from you, ensuring they provide the information before getting paid. This streamlines the onboarding process and integrates it with something contractors are already expecting.

How does Found help me generate, share, and file 1099-NECs?

At the end of the tax year, Found will create your 1099-NEC forms based on all tracked payments of $2,000 or more. You can then easily share a copy with your contractors and e-file these forms via the Found app, for free.

How can my contractors benefit from having a Found account?

If your contractor creates a Found business checking account, you can send payments from your Found account instantly to their Found account for free. They can easily share their W-9 with you and take advantage of powerful bookkeeping features, like auto-saving for taxes.