Posted by Linda Lieberman on 1/5/10 10:29am
Msg #316678
E-Mail
Has anyone received a E-mail from a Wiiliam Klein at professional settlements, claiming they got your profile on this website and would like to put you on their database. Sending a contract to sign and W-9.
Thanks
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Reply by A S Johnson on 1/5/10 10:33am
Msg #316679
Contact info and who I am, yes
You get a W-9 and other personal info with info that can be used impropertly from me when I work for you.
By the way, IRS rules are that you need a W-9 when you have paid me more than $599.
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Reply by Linda Lieberman on 1/5/10 10:37am
Msg #316680
are you going to sign up with this company?
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Reply by A S Johnson on 1/5/10 10:46am
Msg #316689
I have not got his e-mail.
I will work for and give most any service a go.
But, as many of us who have been a NSA (I was a member of the orginal Nat Signing Agents Assoc before it became aprt of NNA) for 10 yrs, most of my assisgnments come from operations I have a long term working relationship.
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Reply by PAW on 1/5/10 12:20pm
Msg #316724
>>> IRS rules are that you need a W-9 when you have paid me more than $599 <<<
I believe you are mistaken. By submitting a W-9, you are certifying that the tax id number you are providing is correct and accurate. You also need to certify whether or not you are subject to backup withholding. Most taxpayers are exempt from backup withholding. The IRS might require backup withholding, however, if your name and tax identification number that you provide on the W-9 don't match with the IRS records. An employer (even those who contract 1099 IC's) may legitimately ask for a W-9 before providing any work for the employee or IC. Many organizations, businesses and government agencies clearly indicate that independent contractors will not be set up for payment unless there is a W-9 and a completely signed agreement on file in Accounts Payable. And there are penalties for failure to furnish your TIN. If you fail to furnish your correct TIN to a requester, you are subject to a penalty of $50 for each such failure unless your failure is due to reasonable cause and not to willful neglect.
The "$600" rule is in regards to whether or not the employer is required to produce a 1099.
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Reply by Jim/AL on 1/5/10 10:39am
Msg #316683
No reason not to sign up with them is their? I have worked
for them for many years, no problems here.
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Reply by Linda Lieberman on 1/5/10 10:43am
Msg #316684
Re: No reason not to sign up with them is their? I have worked
Thanks
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Reply by BEEJ on 1/5/10 10:43am
Msg #316685
I only send a W-9 when work assignment is complete.
I don't like my personal information floating around, especially my social security number.
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Reply by Linda_H/FL on 1/5/10 10:45am
Msg #316687
You should be using an EIN...not your SS... n/m
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Reply by Jim/AL on 1/5/10 10:47am
Msg #316692
Linda is right, get an EIN...do not use your SS. n/m
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Reply by BEEJ on 1/5/10 10:49am
Msg #316693
Re: You should be using an EIN...not your SS...
Thanks Linda, you are correct. It's on the top of my "to do" list this year. Either way, SS or EIN, I don't want information in wrong hands, especially if I haven't completed an assignment for the company requesting it. 
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Reply by Jim/AL on 1/5/10 10:51am
Msg #316696
Just DO IT Barbara. Then sending W9 before appt. will not
make a difference. 5 minutes on irs.gov for peace of mind.
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Reply by JanetK_CA on 1/5/10 2:48pm
Msg #316772
You can get one online in 5 minutes- IRS website, I believe n/m
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Reply by jba/fl on 1/5/10 10:46am
Msg #316691
Re: I only send a W-9 when work assignment is complete.
BEEJ - you, and others of course, need to visit the IRS.gov site and get an EIN number to use instead of SS #. Will take about 5-10 mins to receive, and you will not have to use your SS# ever again to all these places.
Many of us here do just that. Makes one feel better. Search here for more info too.
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Reply by BEEJ on 1/5/10 10:50am
Msg #316694
Re: I only send a W-9 when work assignment is complete.
Thank you jba in Florida!
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Reply by Linda_H/FL on 1/5/10 10:44am
Msg #316686
Linda..there are several Professional Settlements
listed in SC (FL, OH and CA) - would you please link this post to the correct one so we can refer to the correct company please?
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Reply by Linda Lieberman on 1/5/10 11:14am
Msg #316707
Re: Linda..there are several Professional Settlements
I think they are nationwide according to the e-mail
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Reply by Linda_H/FL on 1/5/10 11:19am
Msg #316710
No..where are they located? n/m
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Reply by Linda Lieberman on 1/5/10 11:27am
Msg #316713
Re: No..where are they located?
California
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Reply by Linda_H/FL on 1/5/10 11:34am
Msg #316717
Must be blind...thought they were listed..don't see it now. n/m
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Reply by Linda_H/FL on 1/5/10 11:34am
Msg #316718
Must be blind...thought they were listed..don't see it now. n/m
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