U.S. organizations that issue payments of U.S. source income to U.S. or foreign payees are required to solicit and obtain valid certification of the payee’s TIN, name, residency and status, as per IRS regulations. According to Linda Foertschbeck, CEO of IRS Compliance and payment reporting expert, “Each payer is required by the IRS and many state tax…
IRS LINK IRS Forms & Instructions https://www.irs.gov/pub/irs-pdf/iw9.pdf Instructions for Form W-9 https://www.irs.gov/pub/irs-pdf/fw9.pdf Form W-9 https://www.irs.gov/pub/irs-pdf/iw9sp.pdf Instructions for Form W-9 – SPANISH https://www.irs.gov/pub/irs-pdf/fw9sp.pdf Form W-9 https://www.irs.gov/pub/irs-pdf/iw8.pdf Instructions for the Requester of Forms W–8BEN, W–8BEN–E, W–8ECI, W–8EXP, and W–8IMY https://www.irs.gov/pub/irs-pdf/iw8ben.pdf Instructions for Form W-8BEN (Beneficial Owner – Individual) https://www.irs.gov/pub/irs-pdf/fw8ben.pdf Form W-8BEN https://www.irs.gov/pub/irs-pdf/iw8bene.pdf Instructions for Form W-8BEN-E (Beneficial…