W-9 / W-8

A Mid-Year Check-in on Form 1042-S and Digital Transactions

Organizations are struggling with Form 1042-S more than ever now. Issues relating to international contractors (and other international transactions) are confusing and confounding, and the potential

IOFM Members rely on “Ask the Expert” whenever they’re stumped. IOFM's tax experts are standing by, ready to answer your 1099 compliance questions. And a panel of more than 100 AP practice leaders are also on call for your next best practice question.

Lien on Supplier Payment: Who Gets the 1099?

Q. When you receive a lien notice to direct payment of unpaid invoices to a supplier, would a W-9… Read More

W-9 or W-8? Tax Reporting When a UK Entity Has a U.S. Parent Company

Q. We have a payee that describes itself as a UK-based company owned by a U.S. parent company. The… Read More

What to Do When a Vendor's SSN Fails TIN Matching

Q. We have one vendor whose TIN was rejected due to mismatch. I tried using his middle name and… Read More

TIN Matching Fails After Vendor Name Change

Q. We have a vendor in our system that filed a name change in the State of Delaware in February… Read More

Canadian Address, US Vendor: Which Tax Form and Do You Withhold?

Q. We received a W-9 from a vendor with a Canadian address. It seems that he now resides in… Read More

Do Tax Treaty Benefits Continue After a Payee Leaves the US?

Q. A payee had treaty benefits on a W-8BEN for royalties while in the U.S. The payee moves out of… Read More

Woman smiling at laptop while working while the sun shines in

Backup Withholding: The “Forgotten Person” of the 1099 World

This course explores the often-overlooked topic of backup withholding in the 1099 reporting environment. Participants will gain a comprehensive understanding of what backup withholding is, when