If you run a small business and hire independent contractors, understanding the difference between W9 and 1099 forms is ...

If you run a small business and work with independent contractors, the different tax forms you’re responsible for processing with nonemployee hires might feel like alphabet soup. Two of the most ...

The purpose of a W9 form is to provide an entity that issues taxable payments to a company with the company's federal tax identification number. The IRS uses a W9 to match revenue that recipients ...

If you're a regular employee at a company, you probably won't have to deal with the W9 form. Employees instead typically have to submit a W-4 form, which provides their name, address, SSN, and ...

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 ...

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 ...