Tired of Hounding 1099 Vendors for Tax ID?
If you’re tired of hounding your 1099 contractors for their tax ID numbers, here’s a simple way to solve the problem: require them to fill out an IRS form W-9 before you pay them. They are required by law to fill one out on request, and they’ll be highly motivated to do so. Faxed copies should be sufficient in case you’re ever audited.
