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 ...

Reviewed by Lea D. Uradu Fact checked by Vikki Velasquez What Is Form W-9: Request for Taxpayer Identification Number (TIN) and Certification? Form W-9, Request for Taxpayer Identification Number ...

Form W-9 requires payees to state whether they operate as sole proprietorships, partnerships, S corporations, trust/estate agents, or single-member limited liability companies.

This change introduces new reporting requirements, particularly affecting flow-through entities such as trusts and estates and may require refiling Form W-9.

The W-9 Instructions According to the IRS, the W-9 isn't just a way to say whether you're a sole proprietorship or an S-corporation. The W-9 request letter goes out because the W-9 has other uses too.

Anytime a payor thinks they have to report a payment on a Form 1099, they should ask for a Form W-9. If they fail to get one signed, they may have to withhold taxes at 24%. So if you refuse to ...

Action: IRS has released a new version of the W-9 form dated January 2011. Please make arrangements to use the new form. If you have hard copy forms in supply, please discard them and replace with the ...