W9 Form 2017: Fill & Download for Free

What you describe as consulting services are in fact personal services and personal services which are performed outside the US are not US source income and thus for a non-resident are not taxable for US federal income tax, so you would not need to file a US non-resident federal tax return unless those facts change.Wyoming does not have a state income tax, but does have an annual franchise filing and fee which you are required to file and pay each year. It does not sound like any of your other activity would rise to the level of creating nexus with any other state with the possible exception of California. If you have more than $500,000 of annual sales to CA clients or if more than 25% of your annual sales are to CA customers, you may have nexus in CA due to their economic nexus statutes.The most likely item to come up with your US clients is that if they are engaging your services as part of their business, they will want you to complete a Form W9 for an independent contractor. The W9 is not the appropriate form for you because you are a non-resident, you should complete Form W8-BEN. The W8 form is fairly self explanatory except, in part II of the W8, you are claiming 0% withholding under Article 15 of the tax treaty with Spain.Beware that US taxation of non-residents can be a complex topic and simply changing one fact can change your tax reporting obligation.UPDATE as of 2017, you now have to file a Form 5472, Information Return of a 25 Percent Foreign Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business every year to report transactions between you the owner and the LLC. Including capital contributions and owner draws.

Technically you’re supposed to get a W-9 before you pay the person/entity… but startups move fast. If they are now refusing to provide a W-9 you should stop paying them immediately and document your requests to obtain the W-9 in writing. Failing to report contractor payments could cost you $1,060 in penalties – per contractor. ($530 intentional failure to file penalty applied to both the contractor copy and the IRS copy of the Form 1099). Ultimately, the contractor is responsible for reporting ALL their income on their tax return.Here are some 1099 FAQs:Who should be issued a 1099?You must file a Form 1099-MISC for each vendor in the course of business to whom you have paid in the year at least $600 in rents, services performed by someone who is not your employee (including parts and materials), prizes and awards, payments to attorneys, or other income payments. This includes LLC’s, LLP’s, LPs, contractors, sole proprietors, partnerships, landlords, and lawyers.Who does NOT need to be issued a 1099?You do not need to issue a 1099 for international contractors (you should instead collect a form W-8BEN/W-8BEN-E), corporations, S corporations, payments for merchandise /telephone/freight/storage, payments to real estate agents or property managers, employee wages, business travel allowances, employee expense reimbursements, tax-exempt organizations, and payments made with a credit card, payment card, and certain other types of third-party network transactions (These will need to be reported on a 1099-K issues by the payment settlement entity).What is the penalty for not filing a 1099?It is required by the Internal Revenue Service. Congress has substantially increased penalties for businesses who fail to comply with the 1099 filing rules. Failing to report contractor payments could cost you $1,060 in penalties – per contractor. ($530 intentional failure to file penalty applied to both the contractor copy and the IRS copy of the Form 1099). Furthermore, you may also face additional penalties for incorrect 1099's. If you go under audit and the IRS finds that you should have provided a 1099 to a vendor but did not, they can deem the expense non-deductible which can result in the company having to pay more taxes.What is a W-9 form/is it required?When a business pays $600 or more over the course of a tax year, it is required to report these payments to the IRS on an information return called form 1099-MISC. Usually, businesses use the name, address, and Social Security or tax identification number from the form W-9 are used to verify the information and to complete form 1099-MISC.What is the difference between a 1099 and a W-9?The difference between 1099 and a W-9 is that while the W-9 form is used to request the business name, address and TIN (Tax -payer Identification Number) the 1099 form is used to actually report certain kinds of income other than regular wages. You cannot receive a 1099 before obtaining the necessary information from the W-9.What is the W-8BEN(E) Form?The W-8BEN(E) form is collected by us for our records and is a liability protection for the company. The W-8BEN is for foreign individuals while the W-8BEN-E is for foreign entities. The W-8BEN is a form that certifies that your international contractor is not a U.S. Citizen and not subject to U.S. Withholding Tax. The W-8BEN-E is a form that certifies the foreign status of the company for income tax, tax treaty benefits, and FACTA purposes. These forms are valid for 3 years. Failing to collect a W-8BEN(E)? For qualifying vendors outside of the U.S., if we do not have a foreign vendor's assertion of treaty benefits through the W-8BEN(E) form, the company is generally required to withhold 30% of all payments made to him/her for “backup withholding”(for vendors inside the US who refuse to provide an SSN with a W-9, the rate is 28% in 2017, but reduced to 24% in 2018). The company is legally required to submit these backup withholding amounts to the IRS (even if they failed to withhold from the contractor). This backup withholding would be submitted on payroll tax Form 945.Helpful LinksExpenses that do / do not qualify for 1099 ReportingPenalty - not filing 1099: IRSW-8 informationKruze Consulting is a leading provider of accounting, finance, HR and tax consulting to venture capital funded startups. Kruze's clients have raised over half a billion dollars in financing in the past 12 months, and the Kruze team takes pride in setting up systems that prepare startups to successfully navigate venture capital due diligence.

Liverpool - Has always been a challenger but never won it. Won the Champions League 5 times, the most of any English team. They don’t like any of these teams.Manchester City - The defending champions winning it in 2017–18, my bae and currently the Premier League leaders. First team to win 100 points, biggest margin and a host of records at their disposal. Also that dramatic QPR win, the only win of the title on goal difference (3–2 two goals in added time to snatch the title because of +8 difference. They also don’t like any of these teams.Manchester United- Won it 13 times, the most of any club, beating second placed Chelsea by 8. Their amount is double and then some more than anyone else. Won all 13 under one manager. José gone, still losing to Big 6, good so far right? Like their rivals above, none of these teams are likeable to them.Arsenal - went unbeaten once in the League. Only second time ever that’s happened and the first time was 115 years before when football just began in England. Nicknamed “Four” because that’s their favourite spot in the table. Just like the top 3, they don’t like any other team in this division.Tottenham Hotspur - Arsenal’s rival in North London. Arsenal’s rival in North London that they’ve won the title twice at. Never won it, never will win it, Kane needs English lessons and this is half of the England national team. (Kane (c), Alli, Dier, Trippier, Winks, Rose and more! You’ll find it all in the Championship store!)Chelsea - based in London, formed in Mother Russia. Abramhovic’s bitch that does shit in every title defence so I think Chelsea fans are glad they can’t win the title, because they won’t finish the next season in 10th! Lucky them!League table right now:Manchester CityLiverpoolTottenham HotspurManchester UnitedArsenalChelseaAs you can see, these six fine gentleteams complete the top six, the six top spots in the league. Finishing in these spots or winning one of the two trophies gives you European football next season. The last time someone breached this was 2015–16 when Leicester City swapped places with Chelsea, pretty much in both ways, from 2014–15 (Chelsea 1st, Leicester mid table)This season’s big six clashes so far:Arsenal 0–2 Manchester CityChelsea 3–2 ArsenalManchester United 0–3 Tottenham Hotspur (lol)Tottenham Hotspur 1–2 LiverpoolChelsea 1–1 LiverpoolLiverpool 0–0 Manchester CityChelsea 2–2 Manchester UnitedTottenham Hotspur 0–1 Manchester CityArsenal 1–1 LiverpoolManchester City 3–1 Manchester United (lol)Tottenham Hotspur 3–1 ChelseaArsenal 4–2 Tottenham Hotspur (lol)Manchester United 2–2 ArsenalChelsea 2–0 Manchester CityLiverpool 3–1 Manchester United (lol)Liverpool 5–1 Arsenal (try not to laugh challenge)Manchester City 2–1 LiverpoolTottenham Hotspur 0–1 Manchester UnitedManchester City 3–1 Arsenal (lol)Manchester City 6–0 Chelsea (LOL)Manchester United 0–0 LiverpoolChelsea 2–0 Tottenham HotspurTottenham Hotspur 1–1 ArsenalArsenal 2–0 Manchester UnitedLiverpool 2–0 ChelseaManchester City 1–0 Tottenham HotspurManchester United 0–2 Manchester CityManchester United v ChelseaRecord:MCI: W9 D1 L1 (P28) wow…LIV: W4 D4 L1 (P16)ARS: W3 D3 L4 (P16) Liverpool has superior GD against Big Six than ArsenalCHE: W3 D2 L3 (P14)TH: W2 D1 L6 (P7)MNU: W1 D3 L6 (P6)Somebody has lost to at least one this season against the Big Six. Spicy shit there!