Is a new W-9 needed for an LLC that purchased the assets of a corporation?
September 9, 2019
Q. We received a letter from a company that has LLC next to their name and they purchased the assets of the vendor we currently use, who is a corporation. The new company has instructed to remit payment to them in their name and address. Should we ask for W-9 and report a 1099 for this company?
(Answered by COKALA Tax Information Reporting Solutions, LLC, a 3rd party, independent advisory services firm offering experienced and practical help for tax regulatory compliance for Forms W-9, W-8,…
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