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Avoid the biggest mistakes made on Form W-9

Top 5 mistakes made on W-9 forms

I’ve been a CPA for over 20 years now and have seen mistakes on W-9 forms every one of those years. It seems like a simple form at first glance, but the W-9 form itself has 6 pages of instructions with almost 6,000 words. Behind those condensed instructions on the W-9 form is a massive set of IRS tax code regulations. Helping vendors and independent contractors create a correct and complete W-9 form is one of the reasons we started W9manager. #5

IRS Launches Gig Economy Tax Center

This past week the IRS launched a brand new Gig Economy Tax Center on IRS.gov to help people working in the gig economy understand and

IRS updates backup withholding CP2100 and CP2100A notices

IRS updates backup withholding CP2100 and CP2100A notices On November 14, 2019, the IRS issued a statement that they had redesigned the CP2100 and CP2100

IRS Proposes NEW 1099-NEC form PLUS best practices for managing W-9 forms.

I recently had the pleasure of joining Debra Richardson on her weekly podcast to discuss the new proposed Form 1099-NEC form and best practices for

IRS Proposes Big Changes to 1099 Forms

New draft Form 1099-NEC The IRS has proposed making big changes to 1099 forms by reviving Form 1099-NEC. They just recently posted a proposed draft

Form 1099 penalties are ridiculously high. What you must do NOW to avoid them.

Implement strong procedures today, don’t wait until year-end. I know the deal, having been a controller for 20 years. You got through the 1099 season and

Avoid the penalty, 1099-MISC and 1099-NEC due dates for 2021

The importance of filing timely The IRS has gotten serious about 1099-MISC and 1099-NEC due dates. Penalties have risen significantly and they apply separately to copies sent