Tag: Legible

As the IRS tightens its grip on digital asset reporting, firms that fail to verify taxpayer identification numbers (TINs) early could find themselves exposed...

As IRS regulations expand to cover digital assets, companies must take proactive steps to ensure tax compliance. Amendments to Sections 6045 and 6045A now...

Collecting taxpayer identification numbers (TINs) through Forms W-8 or W-9 is critical for compliance but often overlooked until it’s too late. To avoid future risks, firms should consider gathering this documentation early—ideally during onboarding—while carefully balancing user experience.