Hello all, wondering if any of you have experience with running your own affiliate program for products or services. The main thing I'm looking to understand is paying the affiliates. Is there anything special you need to do with taxes? Do you have to send your affiliates a 1099 or something like that?
Asking because some affiliate software can be set up to accept social security numbers and I'm assuming it's for tax purposes.
Any info or help would be great, thanks.