All suppliers new to UB are required to submit a completed tax ID form to Procurement Services as confirmation of their business identity. This information is used to build supplier profiles in the ...
The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you fills out the 1099. In most cases, you should receive any 1099 form by the end ...
Opinions expressed by Forbes Contributors are their own. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This “backup withholding” at 24% is the usual consequence of refusing ...