Common use of Updating Your Information Clause in Contracts

Updating Your Information. You must provide updated information to any person to whom you claimed to be an exempt payee if you are no longer an exempt payee and anticipate receiving reportable payments in the future from this person. For example, you may need to provide updated information if you are a C corporation that elects to be an S corporation, or if you no longer are tax exempt. In addition, you must furnish a new Form W-9 if the name or TIN changes for the account, for example, if the grantor of a grantor trust dies.

Appears in 58 contracts

Samples: Independent Contractor Agreement, Lease Agreement, Electronic Funds Transfer (Eft) and Check Authorization Agreement

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Updating Your Information. You must provide updated information to any person to whom you claimed to be an exempt payee if you are no longer an exempt payee and anticipate receiving reportable payments in the future from this person. For example, you may need to provide updated information if you are a C corporation that elects to be an S corporation, or if you no longer are tax exempt. In addition, you must furnish a new Form W-9 if the name or TIN changes for the account, ; for example, if the grantor of a grantor trust dies.

Appears in 4 contracts

Samples: Agency Enrollment and Revalidation Checklist, Adjunct Clinical Faculty Affiliation Agreement, Rental Agreement

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