Withholding Stories

Backup withholding mandates that a payer withhold tax from payments that are not otherwise subject to withholding. This requirement arises if you do not provide correct...

Backup withholding, also known as backup tax withholding, is a federal requirement applied to payments made to independent contractors when their taxpayer identification...

A year after it happened we thought we were in the clear. We'd all had to walk around on eggshells, hoping nobody would find out. The truth is though, someone was there...