Articles and Tax Tips

TAX TIP OF THE WEEK: Determining When A Corporate Payee Needs to Provide You With A New W-9

As part of your 1099 Year-End pre-filing tasks you should always review the W-9's you have on file for your vendors.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: What To Do When Two Different TIN's Are Provided On The Same W-9

You are working in Accounts Payable, validating Forms W-9 to get ready for 1099 filing season and you come across a W-9 that has two different TIN'

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

THIS MONTH'S SUBSCRIBER ARTICLE: Summer 2021 Sales and Use Tax Changes

It's time to revisit recent Sales and Use changes, while also taking a look at the bigger picture involving nexus and state

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: How to Respond When Your Vendor's W-9 Is Checked As Both Partnership and Corporation

September is almost upon us.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: The W-9, Business Rentals, Middlemen, and The 1099-MISC

Simply put, it's not at all uncommon in Accounts Payable to have situations where the check goes to one entity.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

THIS MONTH'S SUBSCRIBER ARTICLE: IRS Makes Huge Changes to 1099/1042-S Filing/Corrections Processing

On July 23, 2021 the IRS announced that there are big 1099 filing changes coming.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: What To Do When A 1099 Reportable Attorney Misreads the Law and Refuses to Provide Their TIN

This is a common situation made worse when the attorney in question not only fails to provide their TIN, but does so under a misreading of the law.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: What You Must Do If The Only Name Provided On A Vendor's W-9 Is A Disregarded Entity

Getting 1099 reportable vendors to properly complete the Form W-9 can be a time-consuming and difficult process.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

THIS MONTH'S SUBSCRIBER ARTICLE: The Non-Bank's Form 1099-K Due Diligence Requirements

We get quite a few questions from non-banking organizations receiving Forms 1099-K that revolve around due diligence requir

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]

TAX TIP OF THE WEEK: A Look at Recent Sales and Use Changes - Part Two

Here's part two of the Sales and Use round up covering major 2021 changes so far in the 50 U.S. states.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]