W-9 vs. W-4: Understanding the Differences

table summarizing the key differences between the W-9 and W-4

When it comes to taxes, two forms that often cause confusion are the W-9 and the W-4. While they may seem similar, they serve very different purposes. This article will break down the key differences between these two common tax forms. What is a W-4? The W-4 form, officially titled “Employee’s Withholding Certificate,” is used … Read more

Common Mistakes People Make When Filling Out a W-9 Form

The W-9 form, officially known as the “Request for Taxpayer Identification Number (TIN) and Certification,” is a crucial document used by businesses to collect information from independent contractors they hire. This form helps businesses accurately report payments made to these contractors to the IRS. However, it’s easy to make mistakes when filling out a W-9, … Read more