When you open a new account, make an investment or begin to receive payments reportable on Form 1099, you must provide your taxpayer identification number (often your Social Security number). For certain types of payments, you need to provide your taxpayer identification number in writing, certifying under penalties of perjury that it’s correct.Continue reading “Backup Withholding: Know the Story”
Backup Withholding: Know the Story
Backup withholding may seem like a small thing, but it can become a pain. Read more to learn about how to prevent it from happening to you.