As a small-business owner, you may be thinking about outsourcing work to save time and expand your services. Before taking this step, make sure you ask contractors or companies to fill out a W-9 form.

Many small businesses use form W-9 in the regular course of business as dictated by Internal Revenue Service regulations. It is one of a family of forms used to track wage payments and is similar to ...

If you have a business, you may need to fill out IRS Form W-9 Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 5 years old. Before paying you, many ...

In contrast, a W-9 form is for U.S. taxpayers, such as freelancers or contractors, and is used only to provide businesses paying them with their taxpayer identification number (TIN). These two forms ...

IRS forms W-8 and W-9 serve distinct purposes in the tax system and are used by different groups to fulfill their tax obligations. A W-8 form is typically required ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...