Tax Hub

Simplify the process of filing 1099s for taxes. Follow our quick guide to learn how to automate 1099 filing securely and accurately online.

Payers send a copy of the completed 1099 information returns to the payee, the IRS, and states with income tax. The payers batch all 1099-NEC returns completed …

Boxes on the new Form 1099-MISC are rearranged and renumbered. Boxes 15 through 17 apply to states. Follow IRS 1099-MISC Instructions to complete the tax form. …

Form 1042-S must be filed with the IRS and a copy should also be sent to the business, student, entity, or employee payee to complete their U.S. federal tax ret…

W-8BEN-E is an important tax document which allows businesses operating outside of the U.S. to claim tax exemption on U.S.-sourced income.  The official docume…

You can avoid or stop backup withholding by correcting the reason for the backup withholding. Report your correct taxpayer identification number (TIN) to the pa…

Businesses use W-9 forms submitted by some U.S. suppliers and independent contractors to complete IRS forms 1099-NEC and 1099-MISC. W-9 forms are also required …

The 1099 rules for types of items to report for 2022 on Form 1099-MISC and 1099-NEC per IRS Instructions generally apply to income payments of at least $600 and…

Trades or businesses need to get W9 Forms from U.S. vendors to prepare information returns like Form 1099-NEC and 1099-MISC required by the IRS to report calend…

Automated W9 management helps tremendously with tax compliance but there are several other factors that make digitization an attractive strategy. Automation cut…

A 1099 form is an IRS tax information return for reporting business-related nonemployee compensation paid, certain other payments, including royalties, miscella…

The Internal Revenue Service requires W-8BEN because foreign individuals are normally subject to a 30% tax withholding, but they may qualify for a reduced rate …

This guide defines what a W9 form is and provides a linked Form W-9 from the IRS website. We describe the required information, who requests and fills out a for…

You want to integrate as seamlessly as possible with existing accounting and ERP systems. However there are many key steps along the supplier payment process th…

The difference between IRS Form 1099-NEC and Form 1099-MISC information returns is that Form 1099-NEC is used by payers to report nonemployee compensation and…

Payers are required to track payments with adequate bookkeeping during the year to later prepare information returns 1099-NEC and 1099-MISC. They should get W-9…

The IRS Form W-8ECI specifies which foreign persons and organizations should not use Form W-8ECI and which type of IRS W-8 form they should use instead, if appl…

Laurie Hatten-Boyd, Principal at KPMG, explains how tax requirements impact organizations with global supplier basis and the legal and financial penalties for n…