Accounts Payable

W-9 / W-8

Share

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.

Additional verification needed besides a W-9?

Q. When a W-9 indicates a tax classification of LLC-C, does that follow the same analysis as a… Read More

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.

When do I need to collect a W-8 from a foreign supplier?

Q. As a distributor, we have been adding many new suppliers located in foreign countries this… Read More

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.

How often is a new vendor W-9 required?

Q. Is there an IRS requirement as to how often to obtain a new W9 from a vendor (yearly, every 6… Read More

2022 Master Guide to Form 1099 Compliance

$100.00

Join today to access Join today to access ADD TO CART

The Master Guides to Compliance are available to IOFM Members only. Professional Members can purchase the guides for $100 each

2022 Master Guide to Form 1042-S Compliance

$100.00

Join today to access Join today to access ADD TO CART

The Master Guides to Compliance are available to IOFM Members only. Professional Members can purchase the guides for $100 each (or

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.

TIN checking process

Q. We received a W-9 from a government entity and because we had the information, it was IRS TIN… Read More

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.

EIN for a disregarded entity

Q. I received a W-9 from a vendor that specifies two EIN numbers, one for a disregarded entity.… Read More

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.

Evaluating a Form W-8EXP

Q. We received a W-8EXP. They checked the box in #11 that says: "11 For an international… Read More

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.

Invoice showing only DBA name

Q. We received a W-9 showing a vendor's legal name and a DBA name. When we verify through the… Read More

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.

Agency paid on behalf of a client

Q. This is the situation: An invoice was issued by a creative agency on behalf of its client, L&L,… Read More

What are you waiting for?

1

Become a Member

2

3

Attend an Event

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500

Accounts Payable & Procure-to-Pay ›

Accounts Receivable & Order-to-Cash ›