Should I use a W-9 document when obtaining a new business client?

ByPam Newman•Mar 6, 2008

Opinions expressed by Entrepreneur contributors are their own.

I run a small IT/computer maintenance and repair business. I am now attempting to gain business clients and I was wondering, do I need to fill out a W-9 form for my business clients' payments or do I just have them pay me as my residential clients do?

The W9 form is for the protection of the business when they are paying a subcontractor for services. It enables them to 1099 that subcontractor if services are greater then $600 in a calendar year and the subcontractor is not incorporated.

Pam Newman

Pam Newman is a Certified Management Accountant, author and Certified QuickBooks ProAdvisor for Financial and Point-of-Sale software. She is also president ofRPPC, Inc., which provides customized business development services.

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