Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. In March 2024, the Internal Revenue Service (IRS) unveiled a revised version ...

Unlike Form W-9, W-8 forms have an expiration date and must be resubmitted every three years or whenever circumstances change. A move to the U.S. or another foreign country, for example, would require ...

As a small-business owner, you may be thinking about outsourcing work to save time and expand your services. Before taking this step, make sure you ask contractors or companies to fill out a W-9 form.

What Is Form W-9: Request for Taxpayer Identification Number (TIN) and Certification? Form W-9, Request for Taxpayer Identification Number (TIN) and Certification, is an Internal Revenue Service (IRS) ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 4 years old. Before paying you, many ...

A W-9 is an IRS form that independent contractors fill out to give businesses their tax ID number and personal information. Many, or all, of the products featured on this page are from our advertising ...

A single-member disregarded limited liability company (LLC) is an organization that has elected -- in terms of filing status with the state and federal government -- not to be recognized as a ...

To request a payment for services, a completed IRS Form W-9 or W-8BEN must be submitted to Accounts Payable along with the Payment Request Form.

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 ...