Last Week in Payroll: Backup Withholding
ThomsonReuters
JULY 13, 2021
BWH may be required if the payee failed to provide a correct taxpayer identification number (TIN) to the payer for reporting on the required information return. A TIN can either be the payee’s Social Security Number (SSN), employer identification number (EIN) or individual taxpayer identification number (ITIN).
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