Starting now and throughout the year, clients need to be proactive about completing form W-9 (request for taxpayer identification number and address) for any sub-contractor, attorney or outside service provider, or for anyone who will require a form 1099-MISC for the year. Attached below is form W-9, as well as guidelines for those required to receive a 1099.
Being proactive throughout the year will alleviate having to track down this information in December or January when Somerset is preparing your 1099s.
Feel free to contact one of our experts if you have any questions.