The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

A business is required to obtain a taxpayer identification number (TIN) from any vendor to whom it makes payments that require the issuance of a Form 1099-MISC. A Form W-9 facilitates obtaining this ...

If you are self-employed or operate a small business, you typically receive requests from vendors and clients to submit a variety of forms. You might also need to request forms from your suppliers and ...

Tax Reporting Requirements Form W-8 helps foreign individuals and businesses certify their eligibility for tax rate reductions or withholding exemptions under applicable tax treaties on U.S.-sourced ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Often, an employee who works outside standard ...

Kelly Phillips Erb is a Forbes senior writer who covers tax. You should be fine. Here's why. A form W-9 is used to provide your taxpayer identification number (such as your Social Security Number (SSN ...

Working for yourself is a reality associated with numerous titles. You may be an “independent contractor.” You may be a “freelancer.” You may even be a “consultant.” If you have taken on work in any ...

IRS has released a new version of the W-9 form dated January 2011. Please make arrangements to use the new form. If you have hard copy forms in supply, please discard them and replace with the new ...

LEBANON, VA – Millions of dollars in disbursements will be given to Virginians who qualify this year. Legislation that allows gas owners to claim royalties from coalbed methane wells goes into effect ...

Form W-9 collects taxpayer ID for reporting income such as dividends and interest. W-9 income isn't initially withheld; payees must report and pay taxes themselves. Backup withholding at 28% applies ...

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 ...