By Steven D. Mercatante Esq.

 
The IRS demands quite a bit of you and it is only reasonable for you to seek to make your job easier. One such way is via the use and acceptance of electronically transmitted information collecting and reporting documentation. Just make sure you are aware of when such practices are allowable and when they are not. The following article provides a starting point for those of you who have chosen to collect payee information electronically.
 
In short, if you are receiving emailed Forms W-9 you will need to be careful. This is because IRS approval for such practices depends upon two key elements...