On-demand Webinar: What’s Going on With Form W-9?

The IRS has released a draft version of Form W-9 that could significantly change how individuals report their taxpayer identification number, and it’s something Accounts Payable teams need to be watching closely.

Under the proposed draft, vendors who select the “individual/sole proprietor” box on the W-9 should be required to provide a Social Security Number only. EINs would no longer be permitted for that classification. If finalized, this change would impact how AP teams collect, validate, and store W-9s, and could create new challenges around vendor resistance, privacy concerns, and compliance risk.

In this webinar, we’ll walk through:

• What the IRS is proposing and why this change is being considered
• The current status of the draft W-9 and what may change before it becomes official
• What AP teams should expect if and when the new form is finalized
• How this change could affect vendor onboarding and year-end reporting

As time allows, we’ll also revisit essential, but often misunderstood, W-9 fundamentals, including:

• What a properly completed W-9 should look like for different types of vendors
• Common red flags and errors AP should watch for
• The serious consequences of failing to obtain W-9s before issuing payments

This webinar will help AP professionals understand what’s coming, prepare their processes in advance, and avoid costly compliance missteps.

Featured Speaker

Jason Dinesen

Jason Dinesen, EA, is a distinguished tax professional and educator with a fervent passion for demystifying complex tax concepts. Jason is the founder of Dinesen Tax & Accounting, P.C. and Dinesen Tax Advisory, LLC in the tax and accounting world. He also is founder of Dinesen Media Ventures, which provides a diverse range of media content, ranging from continuing education programs for accountants and tax professionals, to podcast production to radio and journalism content. 

Recognized for his sharp tax interpretations, Jason is renowned for promptly analyzing the latest tax updates and IRS guidance, sharing his insights with the professional community. Over his career, he has educated more than 200,000 accounting, tax, and HR professionals on various topics. Form 1099 was the very first thing he ever taught on, on April 26th, 2012, at a Sheraton Hotel next to a Lowe's in West Des Moines, Iowa. He still teaches on 1099s and around 30 other tax topics.

Continuing education credits available!

Continuing Education for IOFM Certification

Receive 2 CEUs toward maintaining a certification with IOFM! IOFM's premier certification programs are designed to establish standards for the industry and recognize financial operations professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the body of knowledge in their profession. Additional rules may apply, depending on your certification. See full guidelines here. 

Accessibility Information:

IOFM is committed to accessibility. Disability-related accommodation requests for the live event (such as providing live captioning) should be sent to [email protected] by close of business the day before the live webinar. A captioned recording of this webinar can be made available upon request to [email protected].

Cancellation policy:

To cancel your registration for this event, simply contact IOFM customer service at [email protected] (or call 207-842-5557) no later than 24 hours prior to the scheduled start of the event. You can choose to access the full recorded event, or, your credit may be applied toward the purchase of any IOFM product or interactive event. If for any reason you are not completely satisfied with this program, we will provide a full refund — no questions asked!

For more information:

Contact Customer Service:

Phone: (207) 842-5557

Email: [email protected]