Unlike Form W-9, W-8 forms have an expiration date and must be resubmitted every three years or whenever circumstances change ...

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 ...

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 ...

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 ...

The IRS continues to roll out drafts of some 2026 tax forms, including a draft of Form W-9, Request for Taxpayer Identification Number and Certification. Here’s a look at what’s new—and why it matters ...

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 ...

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 ...

When you receive compensation other than wages, the payer may ask you to fill out IRS Form W-9, which is a request for your taxpayer identification number, such as your Social Security Number or ...

If you run a charitable business, one of your biggest questions probably involves the W-9 for nonprofit requirements that the Internal Revenue Service has established. For years, the IRS has required ...

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 ...

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 ...