Oregon Notice of Intent To Compensate Professionals is a state-mandated document that must be prepared by an individual or entity wishing to hire an independent contractor or consultant in Oregon. This document must be filed with the Oregon Department of Revenue (FOR) to establish the income tax and other liabilities that will be applicable to the professional. This notice serves as a formal notification of the intent to hire the professional and the terms of that agreement. The document outlines the total compensation for the professional as well as any other details related to their services. There are two types of Oregon Notice of Intent to Compensate Professionals: the Oregon Form OR-W-4, which is used for individuals, and the Oregon Form OR-W-5, which is used for entities.