As a small-business owner, you may be thinking about outsourcing work to save time and expand your services. Before taking this step, make sure you ask contractors or companies to fill out a W-9 form.
Completing an IRS Form 1099-Misc is required for a business that pays any vendor $600 or more for services in any given year. Ideally, when the contract relationship starts, the business has already ...
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In March 2024, the Internal Revenue Service (“IRS”) released a new revision to Form W-9. Forms W-9 previously provided or collected do not expire nor need to be refreshed due to the publication of the ...
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