Coaches can easily connect their bank accounts to AceUp so that they are paid each month for coaching.
US-based Coaches
Please go to the Bank Account tab of the Settings section of the Coach Dashboard to connect your bank account to AceUp.
Clicking on this blue button above would take you to the Stripe (AceUp's payment provider) Onboarding and allow you to add the relevant personal information and bank account information. After this step Stripe will handle all the onboarding steps and on completion you will see on the AceUp platform the following success screen:
If you have already connected your bank account to AceUp, this is also what you will see when you navigate to the Settings section of the Coach Dashboard.
To learn more about Stripe, please feel free to visit their website at https://stripe.com/. If you would like to try the Stripe Onboarding experience before connecting your bank account on AceUp, you can create an account on this demo app to preview the process.
Non-US Coaches
Navigate to the Bank Account Tab within the Settings section of your Coach Dashboard or click on this link: https://app.aceup.com/coach/settings/bank_account
Select your Bank Account Country and click on Save.
On clicking Save, the bank account country input will be replaced by a blue button labeled "Connect Bank Account" (see below for example)
Clicking on this will open up the Stripe Dashboard where Stripe will guide you through the steps of connecting their bank account.
Tax Forms
All AceUp coaches must complete and submit a tax form prior to going live with us.
For non-US coaches / Paid as an individual or Sole Proprietorship:
The W-8BEN is a form required by the Internal Revenue Service (IRS), the United States tax agency. The W-8BEN is applicable to foreign individuals and sole proprietors who earn money from U.S. sources. They must provide a completed W-8BEN form to their U.S. client in order to avoid paying tax to the IRS.
AceUp does not withhold any taxes for international coaches or provide any financial reporting to international tax entities. Filing & reporting is the responsibility of the coach with their local tax jurisdiction. In addition, AceUp does not provide tax guidance or advice for any coach - please consult with your local tax advisor.
For non-US coaches / Paid as a business entity:
W-8BEN-E: The W-8BEN-E is an IRS form used by foreign companies doing business in the United States (or with a United States company). Only corporations and partnerships need to file this form. Individuals and sole proprietors need to file the W-8BEN form (see above).
AceUp does not withhold any taxes for international coaches or provide any financial reporting to international tax entities. Filing & reporting is the responsibility of the coach with their local tax jurisdiction. In addition, AceUp does not provide tax guidance or advice for any coach - please consult with your local tax advisor.
Submit a support ticket using this form and a member of the AceUp Support Team will get back to you in 1-2 business days.