Generating and Preparing W9s and 1099s in 2024

Navigating the intricate world of tax forms can be overwhelming. At Protea Financial, we understand the importance of accuracy and timely filing, especially when it comes to generating and preparing W9s and 1099s. Let’s take a moment to explore these essential tax documents and how to handle them effectively. Understanding W9s: The Foundation of Tax…
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What is a W-9 and What You Should Know About It

A W-9 is an IRS (or Internal Revenue Service) form used to collect the correct tax identification number from all third parties that the business pays during the year. You will usually be required to fill one out if you become an independent contractor, a vendor, or are brought on for a contractor position. The…
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