Most importantly, do not incorrectly format the employee's name in Box E. There are stringent penalties for employers who fail to complete the W-2 Form by the end of January.
social security number (SSN), and more. The data is used to generate a1099-NEC. The W-9 Form is an essential tool for employers to gather information about contractors for income tax purposes. Verifying the information on this form and keeping it up-to-date ensures you collected accurate ...