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Question
I work at a farm as a horse trainer and pay the property owner 10% of all riding fees and a portion of stabling fees. What type of expenses are these. Are they office fees or rent?
- Anonymous
Answer
Since you are collecting the money and paying this person, you'd categorize this as contractor payments. You'd also likely need to issue this individual a 1099 in January.

Melissa Pedigo

Melissa Pedigo has been a CPA for over 20 years and she is one of the only CPA copywriters in the world. With a vast knowledge of U.S. tax and accounting, she’s able to write about tax and finance topics from a unique perspective...as an industry expert. When she’s not writing or being an accounting nerd, you’ll find her watching and playing tennis, reading, tending to her half-grown garden, and studying foreign languages

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