What is a Taxpayer Identification Number? | 5 Types of TINs
To run your business, you need a taxpayer identification number. So, what is a taxpayer identification number?| Patriot Software
To run your business, you need a taxpayer identification number. So, what is a taxpayer identification number?| Patriot Software
You must withhold taxes on employee wages. But what if you need to pay an independent contractor? Know the difference between W-9 vs W-4.| Patriot Software
Nonemployee compensation is the money you pay to independent contractors. Learn how to classify workers and report nonemployee compensation.| Patriot Software
Find out what is backup withholding, who is subject to it, who is exempt, and what business owners need to do.| Patriot Software
Small businesses may hire a non-employee for certain projects, known as an independent contractor. So, what is an independent contractor?| Patriot Software
Business owners that report nonemployee compensation must use the revived Form 1099-NEC. Learn about your Form 1099-NEC responsibilities.| Patriot Software
What’s New| www.irs.gov
Information about Form 945, Annual Return of Withheld Federal Income Tax, including recent updates, related forms and instructions on how to file. Use Form 945 to report withheld federal income tax from nonpayroll payments.| www.irs.gov
Find out what payments are subject to and exempt from backup withholding and how to prevent or stop it.| www.irs.gov
