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Form W-8 for Eugene Oregon: What You Should Know

Business Accounts If you are a commercial business, you must have a valid W-9 with us as well because you are reporting business income. Business Accounts can be done online. We only send electronic invoices for business accounts unless a letter or form is received within 7 days of payment. If you need an actual copy of the invoice please see the instructions on the form. We need a business account, so the IRS can process the accounts. • Please go to the website of your accountant.  I need to know which account goes to which office. • I am an owner and need to know which office goes to which owner/agent. • I am an agent and want to have one set to pay all accounts for me and another set to pay those for his agents. Business Accountants Accounting software companies can be costly and the IRS can charge your company an administrative fee of 100 – 200 per hour.  If you are going to use a software company, find out if it charges an administrative fee. If it does, you should be able to easily file your taxes using them. The company will tell you that the fee is for filing.  It is not for processing your payments.  The company will not charge you a fee for completing the business account. However, they do require that you fill out a 1099 form with them every 10 years.  If you don't pay their bill by the due date they will close the account.  This isn't legal because you have a right to cancel the account.  They charge the same fee for business accounts that they charge for personal or partnership accounts. If you have a business account, this company should have a tax account for you since it is doing your income tax paperwork for you. You need to call your accountant and request the IRS account as soon as possible.  There might be an administrative fee involved in ordering the account and filling it out. I usually have the money in the account the first weekend in October, so I can have it by the time the forms are sent out. If your company doesn't have an accountant for you, you may need to find a CPA to help you. If the accounts you are paying for are not required to be paid by October 15, you should get the forms for them ASAP.

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