If you pay people online, it creates tax recordkeeping nightmares that raise flags with the IRS. PayPeopleOnline is a new service that allows all online businesses that pay their affiliates (or anyone else) to keep track of W9 / 1099 information as well as non-US based information needed for tax purposes electronically.
PayPeopleOnline is a free service for online business owners that pay affiliates, outsource agents, contractors, and any other person or business. It helps by requiring the payee to fill out a tax profile for you to approve one time before releasing current or future payments. This profile is locked and stored on file for later tax filing for you. This is a sure fire way to make paying people online much easier for you!
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