As a new (LLC) business this year, I hired a graphic designer (owns her own company) for a total of $950 and a website builder (freelance help, no company) for $300 to get my business up and running! I have Quickbooks and marked both of these costs as "Contract Labor" and am curious: 1) was that the correct designation for both? 2) do I need to create/send either additional IRS tax forms? Thank you!
