Automating your W9 form processing is just a sliver of the power that full accounts payable automation can provide for your business. Explore more…. 1099-MISC Instructions: Filling Steps and FAQs Answered 1099 FormTaxTax Compliance Learn the particular uses of tax form 1099-MISC in reporting tra...
Understanding the purpose of the 1099 formWho needs to file a 1099?Different types of 1099 formsReporting income on the 1099 formImportant deadlines for filing the 1099 formHow to obtain a 1099Common mistakes to avoid when filling out the 1099 formPenalties for non-compliance with the 1099 form...
Who Needs to Fill Out a W-9? Broadly speaking, anyone who will receive compensation as a non-employee is required to fill out a W-9. There are many situations that may arise when Form W-9 is required. For example, a taxpayer who is set to collect interest, receive proceeds from a ...
if you freelanced, were self-employed or had a side gig, your clients should send you a Form 1099-NEC instead of a Form 1099-MISC in the mail.
Who Needs to Fill Out a W-8BEN-E? Any foreign (non-U.S.) company that receives payment from an American business must fill out the W-8BEN-E form and send it to the withholding agent, payer, or FFI (foreign financial institution) requesting the form, but not the Internal Revenue Servi...
reintroduced the 1099-NEC, which companies now use to report money paid to people who did work for them but weren't employees. In other words, if you freelanced, were self-employed or had a side gig, your clients should send you a Form 1099-NEC instead of a Form 1099-MISC early ...