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 ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Using the correct IRS form (W-9 for U.S. persons and W-8BEN for ...

When a business hires an independent contractor and pays him a total of $600 or more annually, the Internal Revenue Service requires the business to submit Form 1099. In order to collect the ...

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 ...

Form W-9 is needed when earning non-employment income for tax reporting purposes. A proper W-9 must include TIN, your name, tax classification, and address, signed under oath. Provide W-9 forms safely ...

When a business hires an independent contractor and pays them a total of $600 or more annually, the IRS requires the business to submit Form 1099. In order to collect the contractor’s information to ...

When you receive payments from someone other than an employer, you might be required to fill out and submit IRS Form W-9 — a form that provides your legal name, tax ID number and entity type so the ...

The IRS continues to roll out drafts of some 2026 tax forms, including a draft of Form W-9, Request for Taxpayer Identification Number and Certification. Here’s a look at what’s new—and why it matters ...