ABSTRACT
Paying taxes is a required part of life in most countries and should never be taken lightly. If people are self-employed, then the companies that contract their will have fill out a form W-9 for US federal taxes. This is a basic form that simply provides the client with details such as the person's social security number or taxpayer ID and other personal information. In most cases, it is advised (and maybe required) to pay quarterly tax estimates so that people do not have to pay the full tax burden at the end of the year. If people are working through 1099s without any tax withholding, be sure that they are saving or prepaying an estimate as to what will owe. A Certified Public Accountant should be up to date with all the federal, state, and local tax laws in order to ensure people meet the legal requirements while also looking after their best financial interest.
