Working for yourself is a reality associated with numerous titles. You may be an “independent contractor.” You may be a “freelancer.” You may even be a “consultant.” If you have taken on work in any ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record wages, benefits paid, taxes withheld, and other essential financial information ...

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 ...

Tax Reporting Requirements Form W-8 helps foreign individuals and businesses certify their eligibility for tax rate ...

If you have a business, you may need to fill out IRS Form W-9 Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect ...

A Limited Liability Company (LLC) can have one of several classification types for the purpose of federal tax treatment. Some LLC classification types require the members of the LLC to elect its tax ...

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 business is required to obtain a taxpayer identification number (TIN) from any vendor to whom it makes payments that require the issuance of a Form 1099-MISC. A Form W-9 facilitates obtaining this ...