If you wish to provide a further (or other) explanation why you are not required to provide an FTIN on line 6a, you may do so in the margins of this form or on a separate statement attached to this form. You should provide Form W-8BEN to a payment settlement entity (PSE) requesting this form […]
What’s the difference between a receipt and an invoice?
In that case, add a reminder to your invoice checklist to verify that you have charged the correct tax amount. For example, you might be charging an additional fee because the client asked for last-minute emergency services. If so, you may want to add a separate line item for “emergency services request – DATE” (e.g., […]
Notes Receivable Defined: What It Is & Examples
You should classify a note receivable in the balance sheet as a current asset if it is due within 12 months or as non-current (i.e., long-term) if it is due in more than 12 months. Just as was the case with accounts receivable, there is a possibility that the holder of the note receivable will […]