UNLOCKING THE SECRETS OF THE IRS FORM W-9: A CLEAR GUIDE
When bringing a new vendor or freelancer into your organization, one of the initial and pivotal pieces of information you’ll need to request is their taxpayer identification number. The TIN, or taxpayer identification number, serves as the primary identification number allocated to business entities by the IRS. Business entities utilize Form W-9 to request and acquire TIN information from newly onboarded parties, such as vendors, contractors, freelancers, and other payees.