Purpose Of The W9 Form – It helps gather taxpayer identification numbers (tins). It depends on whether you're an independent contractor or an employee. The payer must collect withholding taxes on certain reportable payments for the irs. Businesses need it to prepare and submit correct information returns.
This way, the irs can track payments made to independent contractors and other people who are not employees.
Purpose Of The W9 Form
Purpose Of The W9 Form
The Purpose of Form W9
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