ROCK HILL, SC / ACCESSWIRE / April 6, 2023 / Requesting and gathering information from vendors and independent contractors is a crucial part of a business's IRS filing process. However, it is a part ...

When a business hires an independent contractor and pays him a total of $600 or more annually, the Internal Revenue Service requires the business to submit Form 1099. In order to collect the ...

IRS forms W-8 and W-9 serve distinct purposes in the tax system and are used by different groups to fulfill their tax obligations. A W-8 form is typically required ...

When a business hires an independent contractor and pays them a total of $600 or more annually, the IRS requires the business to submit Form 1099. In order to collect the contractor’s information to ...

In March 2024, the Internal Revenue Service (IRS) unveiled a revised version of Form W-9, Request for Taxpayer Identification Number and Certification, marking a significant update since its last ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Using the correct IRS form (W-9 for U.S. persons and W-8BEN for ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Businesses must file payroll forms on time to stay in good ...

Tax Day is approaching, and soon it will be time to begin assembling forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm you. Some forms are ...

When a business hires an independent contractor and pays him a total of $600 or more annually, the Internal Revenue Service requires the business to submit Form 1099. In order to collect the ...

Form W-9 is needed when earning non-employment income for tax reporting purposes. A proper W-9 must include TIN, your name, tax classification, and address, signed under oath. Provide W-9 forms safely ...