Helpful info & Updates from EVT
Blog Posts
QBO Update: New Financing and BNPL Option on invoices
June 29, 2026
Hi everyone,
QuickBooks Online recently released a new feature that adds “Financing” and “Buy Now, Pay Later” options directly onto customer invoices. These options allow customers to apply for short‑term financing through QuickBooks when paying an invoice.
QuickBooks appears to have automatically enabled this feature for some users without a prompt, so you may see these options already active on your invoices.
Current EVT Clients: If you do not want financing or BNPL options displayed to your customers, just let us know. We can disable these settings for you so your invoices remain consistent with your preferred payment methods.
If you have questions about how this feature works or want us to review your invoice settings, we’re here to help.
Warmly,
What Bookkeeping, Websites, and Fraggle Rock Have in Common
June 29, 2026
At first glance, bookkeeping, websites, and Fraggle Rock may not seem like they belong in the same conversation.
One is about numbers.
One is about digital presence.
One is about colorful cave-dwelling creatures learning life lessons through music, friendship, and the occasional radish-related crisis.
But stay with me.
Because if you run a business, there is a surprisingly useful lesson hiding down in Fraggle Rock:
Everyone has a job. Everyone’s work affects everyone else. And when the system is working, the whole world feels a lot less chaotic.
Your Business Has Its Own Fraggle Rock
In Fraggle Rock, the Fraggles spend their days exploring, singing, playing, and generally living their best lives. The Doozers are constantly building. The Gorgs think they are in charge of everything. And then there is the human world, just outside the hole in the wall, mostly unaware of how connected everything really is.
That is not too different from a small business.
Your website is the front-facing world. It is what customers see first. It tells people who you are, what you do, and whether they can trust you.
Your bookkeeping is the behind-the-scenes structure. It keeps the business standing, even if most customers never see it.
Your marketing, sales, operations, customer service, and finances are all connected. When one part gets ignored, the whole system starts to wobble.
Your Website Is the Hole in the Wall
In Fraggle Rock, the hole in Doc’s workshop is the entry point into a much bigger world. To Doc, it is just part of the room. To the Fraggles, it is a portal.
Your website works the same way.
To you, it may just be “the website.” A few pages. A contact form. Some photos. Maybe a blog post from 2019 that you keep meaning to update.
But to a potential customer, it is an entry point into your business.
They are trying to figure out:
Can this company help me?
Do they understand my problem?
Do they look professional?
Are they still active?
Is this going to be easy?
A good website does more than exist. It guides people. It answers questions. It builds confidence. It helps someone move from curious visitor to actual customer.
A neglected website, on the other hand, is like a blocked tunnel. People may technically be able to find you, but they are not going to stick around if the path feels confusing, outdated, or unsafe.
Bookkeeping Is the Doozer Construction Crew
Now let’s talk about the Doozers.
The Doozers are always building. Quietly. Consistently. Methodically. They are not always the loudest characters in the room, but without them, Fraggle Rock would lose a lot of its structure.
That is bookkeeping.
Bookkeeping is not usually the flashiest part of a business. It does not get the same attention as a beautiful homepage, a clever ad campaign, or a viral social media post.
But bookkeeping tells you whether the business is actually healthy.
It shows you what is coming in, what is going out, what is profitable, what is draining resources, and what needs attention before it becomes a bigger problem.
Without good bookkeeping, business decisions become guesswork.
You may feel busy, but are you profitable?
You may have leads, but are they turning into revenue?
You may have revenue, but is cash flow tight?
You may be growing, but are you growing in the right direction?
Good bookkeeping gives your business structure. It creates clarity. It helps you stop making decisions based only on vibes.
And while vibes are great for Fraggles, they are not a complete financial strategy.
The Problem Is When These Worlds Stop Talking
A lot of small businesses treat their website and their bookkeeping like completely separate worlds.
The website lives with the marketing person.
The bookkeeping lives with the bookkeeper.
The owner lives somewhere in the middle, trying to make sense of everything.
But these systems should be talking to each other.
Your website can generate leads, sell products, book appointments, collect payments, and track customer behavior.
Your bookkeeping can show which services are most profitable, which offers are worth promoting, and where money is being lost.
When those two worlds connect, your business gets smarter.
For example, if your bookkeeping shows that one service has the best margins, your website should probably make that service easier to find.
If your website is generating a lot of leads but revenue is not increasing, there may be a sales, pricing, or follow-up issue.
If your ads are driving traffic but your books show poor return, it may be time to adjust the campaign, the offer, or the landing page.
The magic happens when your marketing decisions and financial decisions are not separate conversations.
Don’t Let the Gorgs Run the Strategy
Every business has a few Gorg-like tendencies.
The part of you that says, “I’m the boss, so I know what’s working.”
The part that assumes the website is fine because nobody has complained.
The part that avoids looking at the numbers because things feel busy enough.
The part that says, “We’ll deal with that later.”
But later has a way of becoming expensive.
A business does not need to be perfect, but it does need visibility. You need to know what people are seeing when they find you online. You need to know what the numbers are saying behind the scenes. And you need those two things to work together instead of living in separate caves.
The Business Lesson from Fraggle Rock
The real lesson of Fraggle Rock was never just “sing more songs,” although honestly, most businesses could probably use a little more joy.
The bigger lesson was connection.
The Fraggles, Doozers, Gorgs, and humans all thought they were living in separate worlds. But their actions affected each other constantly.
Your business works the same way.
Your website affects your sales.
Your sales affect your cash flow.
Your bookkeeping affects your strategy.
Your strategy affects your marketing.
Your marketing affects what customers believe about you.
It is all connected.
So if your website has been sitting untouched for years, it may be time to open the tunnel and take a look around.
If your bookkeeping only gets attention at tax time, it may be time to let the Doozers do their work year-round.
And if your business feels chaotic, disconnected, or harder than it should be, the answer may not be one giant dramatic overhaul.
It may simply be getting the different parts of your world to work together.
Because when the structure is solid, the path is clear, and everyone knows their role, business starts to feel a little less like a mess of tunnels and a little more like music echoing through Fraggle Rock.
And if your website is starting to feel less like a welcoming tunnel and more like the one the Fraggles avoid because it’s full of dust, echoes, and questionable structural integrity… that’s exactly where Nicholas at Edge One Media can help.
Edge One Media helps you clear the tunnels, rebuild the pathways, and make sure your digital world is something customers actually want to explore. They take the “hole in the wall” of your business and turn it into a bright, inviting, well-marked entrance – the kind that makes people say, “Oh! I know exactly where to go.” Because when your website is doing its job, the rest of your business can do its job too.
If your online presence is overdue for a refresh, or if you’re ready for a website that actually supports the business you’re trying to grow, Edge One Media is ready to help you open the right tunnel, light the path, and bring a little more Fraggle-level joy back into your digital world.
Updated Consulting Payment Policy
June 25 2026
Dear Valued Clients,
In order to ensure fair and consistent treatment to all of our clients while maintaining uninterrupted service to accounts in good standing, we are implementing a new Payment Policy.
Payment Compliance & Service Hold Policy
To ensure consistent and reliable service, EVT Consulting requires invoices to be paid according to the agreed-upon payment terms.
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Payment is due within 10 days of the invoice date. Clients who incur three (3) late payments within a 12‑month period will be required to maintain a valid credit card on file to continue services.
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If an invoice becomes 60 days past due, or if a client accumulates two (2) or more unpaid invoices, the account will be placed on Service Hold. All services—including bookkeeping, payroll, advisory, meetings, and support—will pause until the outstanding balance is paid in full and a valid credit card is on file, or a retainer is paid towards future services.
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If an invoice reaches 90 days past due, or if a client demonstrates a recurring pattern of non‑payment, EVT Consulting may terminate services at its discretion. All outstanding balances remain due and payable.
If you have any questions or concerns, please do not hesitate to reach out. We appreciate the opportunity to better serve you
Today is the deadline: Quarterly Estimated Tax Due
June 15 2026
Hi everyone,
Today is the due date for Quarter 2 Estimated taxes.
Quarter 2 Due Date
June 15, 2026 – Covers income earned from April 1 through May 31, 2026
If you’re unsure whether you need to make estimated payments, or if you’d like help calculating what you owe, feel free to reach out. Staying ahead of these deadlines keeps everything running smoothly and avoids surprises at tax time.
Friendly Reminder: Upcoming Quarterly Estimated Tax Deadline
June 11, 2026
Hi everyone,
A quick reminder that the next quarterly estimated tax payment is coming up. If you earn income that isn’t subject to withholding—such as self‑employment income, rental income, investment income, or pass‑through business income—these quarterly payments help you stay current and avoid underpayment penalties.
If you have revenue generated in the city of Vancouver Washington, this quarterly tax is due as well.
Quarterly Estimated Tax Deadlines
Quarter 1 Due date
April 15, 2026 – Covers income earned from January 1 through March 31, 2026
Quarter 2 Due Date
June 15, 2026 – Covers income earned from April 1 through May 31, 2026
Quarter 3 Due Date
September 15, 2026 – Covers income earned from June 1 through August 31, 2026
Quarter 4 Due Date
January 15, 2027 – Covers income earned from September 1 through December 31, 2026
If you’re unsure whether you need to make estimated payments, or if you’d like help calculating what you owe, feel free to reach out. Staying ahead of these deadlines keeps everything running smoothly and avoids surprises at tax time.
Time to Update Your BOLI & Labor Posters for July 1 Changes
June 9, 2026
Hi everyone,
A quick reminder as we head into July: Oregon’s minimum wage and several other labor requirements update on July 1, which means it’s time to refresh your workplace labor law posters.
BOLI has already released the updated versions, and employers are required to post the current notices in any physical workplace location where employees can easily see them.
You can download the updated posters directly from BOLI’s website here: Oregon BOLI Required Postings (PDFs): www.oregon.gov/boli/workers/pages/required-postings.aspx
What to do now:
- Replace outdated posters in all worksites before July 1
- Ensure remote/hybrid employees have digital access to the updated posters
- Keep a copy saved in your internal compliance folder for easy reference
If you have questions about which posters apply to your business or want help reviewing your compliance setup, just let us know — we’re here to make this easy.
Today is the deadline: Quarterly Estimated Tax Due
June 15 2026
Hi everyone,
Today is the due date for Quarter 2 Estimated taxes.
Quarter 2 Due Date
June 15, 2026 – Covers income earned from April 1 through May 31, 2026
If you’re unsure whether you need to make estimated payments, or if you’d like help calculating what you owe, feel free to reach out. Staying ahead of these deadlines keeps everything running smoothly and avoids surprises at tax time.
Friendly Reminder: Upcoming Quarterly Estimated Tax Deadline
June 11, 2026
Hi everyone,
A quick reminder that the next quarterly estimated tax payment is coming up. If you earn income that isn’t subject to withholding—such as self‑employment income, rental income, investment income, or pass‑through business income—these quarterly payments help you stay current and avoid underpayment penalties.
If you have revenue generated in the city of Vancouver Washington, this quarterly tax is due as well.
Quarterly Estimated Tax Deadlines
Quarter 1 Due date
April 15, 2026 – Covers income earned from January 1 through March 31, 2026
Quarter 2 Due Date
June 15, 2026 – Covers income earned from April 1 through May 31, 2026
Quarter 3 Due Date
September 15, 2026 – Covers income earned from June 1 through August 31, 2026
Quarter 4 Due Date
January 15, 2027 – Covers income earned from September 1 through December 31, 2026
If you’re unsure whether you need to make estimated payments, or if you’d like help calculating what you owe, feel free to reach out. Staying ahead of these deadlines keeps everything running smoothly and avoids surprises at tax time.
Time to Update Your BOLI & Labor Posters for July 1 Changes
June 9, 2026
Hi everyone,
A quick reminder as we head into July: Oregon’s minimum wage and several other labor requirements update on July 1, which means it’s time to refresh your workplace labor law posters.
BOLI has already released the updated versions, and employers are required to post the current notices in any physical workplace location where employees can easily see them.
You can download the updated posters directly from BOLI’s website here: Oregon BOLI Required Postings (PDFs): www.oregon.gov/boli/workers/pages/required-postings.aspx
What to do now:
- Replace outdated posters in all worksites before July 1
- Ensure remote/hybrid employees have digital access to the updated posters
- Keep a copy saved in your internal compliance folder for easy reference
If you have questions about which posters apply to your business or want help reviewing your compliance setup, just let us know — we’re here to make this easy.
Today is the deadline: Quarterly Estimated Tax Due
June 15 2026
Hi everyone,
Today is the due date for Quarter 2 Estimated taxes.
Quarter 2 Due Date
June 15, 2026 – Covers income earned from April 1 through May 31, 2026
If you’re unsure whether you need to make estimated payments, or if you’d like help calculating what you owe, feel free to reach out. Staying ahead of these deadlines keeps everything running smoothly and avoids surprises at tax time.
Friendly Reminder: Upcoming Quarterly Estimated Tax Deadline
June 11, 2026
Hi everyone,
A quick reminder that the next quarterly estimated tax payment is coming up. If you earn income that isn’t subject to withholding—such as self‑employment income, rental income, investment income, or pass‑through business income—these quarterly payments help you stay current and avoid underpayment penalties.
If you have revenue generated in the city of Vancouver Washington, this quarterly tax is due as well.
Quarterly Estimated Tax Deadlines
Quarter 1 Due date
April 15, 2026 – Covers income earned from January 1 through March 31, 2026
Quarter 2 Due Date
June 15, 2026 – Covers income earned from April 1 through May 31, 2026
Quarter 3 Due Date
September 15, 2026 – Covers income earned from June 1 through August 31, 2026
Quarter 4 Due Date
January 15, 2027 – Covers income earned from September 1 through December 31, 2026
If you’re unsure whether you need to make estimated payments, or if you’d like help calculating what you owe, feel free to reach out. Staying ahead of these deadlines keeps everything running smoothly and avoids surprises at tax time.
Time to Update Your BOLI & Labor Posters for July 1 Changes
June 9, 2026
Hi everyone,
A quick reminder as we head into July: Oregon’s minimum wage and several other labor requirements update on July 1, which means it’s time to refresh your workplace labor law posters.
BOLI has already released the updated versions, and employers are required to post the current notices in any physical workplace location where employees can easily see them.
You can download the updated posters directly from BOLI’s website here: Oregon BOLI Required Postings (PDFs): www.oregon.gov/boli/workers/pages/required-postings.aspx
What to do now:
- Replace outdated posters in all worksites before July 1
- Ensure remote/hybrid employees have digital access to the updated posters
- Keep a copy saved in your internal compliance folder for easy reference
If you have questions about which posters apply to your business or want help reviewing your compliance setup, just let us know — we’re here to make this easy.
Today is the deadline: Quarterly Estimated Tax Due
June 15 2026
Hi everyone,
Today is the due date for Quarter 2 Estimated taxes.
Quarter 2 Due Date
June 15, 2026 – Covers income earned from April 1 through May 31, 2026
If you’re unsure whether you need to make estimated payments, or if you’d like help calculating what you owe, feel free to reach out. Staying ahead of these deadlines keeps everything running smoothly and avoids surprises at tax time.
Friendly Reminder: Upcoming Quarterly Estimated Tax Deadline
June 11, 2026
Hi everyone,
A quick reminder that the next quarterly estimated tax payment is coming up. If you earn income that isn’t subject to withholding—such as self‑employment income, rental income, investment income, or pass‑through business income—these quarterly payments help you stay current and avoid underpayment penalties.
If you have revenue generated in the city of Vancouver Washington, this quarterly tax is due as well.
Quarterly Estimated Tax Deadlines
Quarter 1 Due date
April 15, 2026 – Covers income earned from January 1 through March 31, 2026
Quarter 2 Due Date
June 15, 2026 – Covers income earned from April 1 through May 31, 2026
Quarter 3 Due Date
September 15, 2026 – Covers income earned from June 1 through August 31, 2026
Quarter 4 Due Date
January 15, 2027 – Covers income earned from September 1 through December 31, 2026
If you’re unsure whether you need to make estimated payments, or if you’d like help calculating what you owe, feel free to reach out. Staying ahead of these deadlines keeps everything running smoothly and avoids surprises at tax time.
Time to Update Your BOLI & Labor Posters for July 1 Changes
June 9, 2026
Hi everyone,
A quick reminder as we head into July: Oregon’s minimum wage and several other labor requirements update on July 1, which means it’s time to refresh your workplace labor law posters.
BOLI has already released the updated versions, and employers are required to post the current notices in any physical workplace location where employees can easily see them.
You can download the updated posters directly from BOLI’s website here: Oregon BOLI Required Postings (PDFs): www.oregon.gov/boli/workers/pages/required-postings.aspx
What to do now:
- Replace outdated posters in all worksites before July 1
- Ensure remote/hybrid employees have digital access to the updated posters
- Keep a copy saved in your internal compliance folder for easy reference
If you have questions about which posters apply to your business or want help reviewing your compliance setup, just let us know — we’re here to make this easy.
Local sales tax rate changes
June 1, 2026
Hi everyone,
As part of our ongoing commitment to keeping you informed and compliant, EVT Consulting is sharing an important update from the Washington Department of Revenue (DOR). Several local sales tax rate changes will take effect on July 1, 2026, and businesses operating in the affected areas will need to update their point‑of‑sale and accounting systems accordingly.
Below is the list of jurisdictions where local tax rates will change:
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City of Auburn – Local Law Enforcement Programs
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City of Burien – Local Law Enforcement Programs
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Chelan County – Emergency Communication Tax
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City of Covington – Local Law Enforcement Programs
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Douglas County – Emergency Communication Tax
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City of Federal Way – Local Law Enforcement Programs
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Island County – Local Law Enforcement Programs
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Jamestown Tribe (Clallam County) – New Retail Sales Tax Location Codes
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Jamestown Tribe (Jefferson County) – New Retail Sales Tax Location Codes
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City of Lakewood – Local Law Enforcement Programs
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Town of Mansfield – Local Law Enforcement Programs
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City of Maple Valley – Local Law Enforcement Programs
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City of Medina – Local Law Enforcement Programs
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City of Mount Vernon – Local Law Enforcement Programs
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City of Olympia – Local Law Enforcement Programs
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Pierce County – Local Law Enforcement Programs
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City of Pullman – Local Law Enforcement Programs
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Thurston County – Local Law Enforcement Programs
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City of Tieton – Transportation Benefit District
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City of Washougal – Local Law Enforcement Programs
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Whatcom County – Local Law Enforcement Programs
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Whitman County – Local Law Enforcement Programs
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City of Woodinville – Local Law Enforcement Programs
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City of Yakima – Transportation Benefit District
You can view the full list of updated location codes and tax rates directly on the Washington DOR website: https://dor.wa.gov
Paper notices are being reduced. Due to budget constraints, the DOR will no longer mail paper notifications to businesses that file electronically. If you’d like an additional reminder 30 days before rate changes take effect, you can sign up for their Sales Tax Rate Change email notices on the DOR website.
For accountants and CPAs: If you support businesses with retail sales in any of the affected areas, please notify your clients so they can make the necessary updates.
If you have questions, you can contact the Washington Department of Revenue at 360-705-6705.
Friendly Reminder: Upcoming Quarterly Estimated Tax Deadline
May 28th, 2026
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Key Financial Ratios every Business should Understand
May 26, 2026
1. COGS to sale ratio What it shows:
How much of every dollar earned is spent directly on producing your product or delivering your service.
Formula:
COGS ÷Sales
Why it matters:
A rising COGS ratio can signal pricing issues, supplier cost increases, or inefficiencies in production or service delivery.
2. Operating Expense to Sales Ratio
What it shows:
How much of your revenue goes toward running the business (admin, marketing, rent, etc.)
Formula:
Operating Expenses ÷ Sales
Why it matters:
This ratio helps you understand whether overhead is scaling appropriately as the business grows.
3. Gross Profit Margin
What it shows:
How much profit you keep after covering direct costs.
Formula:
(Sales – COGS) ÷ Sales
Why it matters:
This is a core indicator of pricing strength, cost control, and overall business model health.
4. Net Profit Margin
What it shows:
The percentage of revenue that becomes true profit after all expenses.
Formula:
Net Income ÷ Sales
Why it matters:
This is your bottom-line profitability – the clearest measure of financial success.
Cash Flow & Efficiency Ratios
These ratios measure how quickly money moves in and out of the business. They rely on average balances from your Balance Sheet.
5. Accounts payable turnover (AP Turn)
What it shows:
How quickly you pay your vendors.
Formula:
COGS ÷ Average Accounts Payable
Why it matters:
A low AP turnover may indicate cash flow strain or slow payment habits; a high turnover means you’re paying vendors quickly.
6. Accounts receivable turnover (AR Turn)
What it shows:
How quickly customers pay you.
Formula:
Sales ÷ Average Accounts Receivable
Why it matters:
A low AR turnover can signal collection issues or overly generous payment terms.
7. Inventory Turnover
What it shows:
How many times you sell through your inventory in a period.
Formula:
COGS ÷ Average Inventory
Why it matters:
Low turnover may indicate overstocking or slow-moving products; high turnover suggests efficient inventory management.
8. Inventory Days on Hand (DOH)
What it shows:
How long inventory sits before being sold.
Formula:
365 ÷ Inventory Turnover
Why it matters:
This ratio helps you understand cash tied up in inventory and how quickly it converts into sales.
CFO Advisory Support for Your Business
If this email sparked questions about your numbers, your pricing, or how these equations apply to your business, EVT offers fractional CFO consulting designed for small business owners who want clarity, confidence, and a plan.
Whether you need help modeling scenarios, understanding your true profitability, or building a financial strategy you can actually use, you can schedule a CFO Consult anytime.

Best W-9 Practices Businesses should Follow
May 19th, 2026
Hi everyone,
As we move deeper into the year, this is a great time to revisit one of the simplest ways to stay compliant and avoid January headaches: consistent W‑9 collection. Missing or outdated W‑9s are one of the most common issues we see during 1099 season, and a few small habits can make a big difference.
Why W‑9s Matter
A completed Form W‑9 gives you the legal name, business classification, address, and tax ID you’re required to have on file before paying a contractor or vendor who may need a 1099. When this information is missing or incorrect, it can lead to filing delays, rejected forms, or the need for corrected 1099s later.
Best Practices to Follow All Year :
• Collect a W‑9 before issuing the first payment. Make this part of your onboarding process for any contractor or vendor.
• Do not pay vendors who refuse to provide a W‑9. The IRS requires backup withholding if a vendor won’t furnish their tax ID.
• Request updated W‑9s when information changes. New addresses, name changes, or entity changes all require a new form.
• Store W‑9s securely. These forms contain sensitive information and should be kept in a secure digital or physical file.
• Review your vendor list quarterly. This helps you catch missing forms long before year‑end.
Common Issues We See :
• Vendors paid throughout the year with no W‑9 on file
• Incorrect legal names or outdated EINs
• Contractors switching from sole proprietor to LLC without notifying the business
• Clients waiting until January to request forms, when vendors are harder to reach.
A Quick Reminder About 1099s
If you paid a non‑employee individual or unincorporated business $600 or more for services during the year, you may need to issue a 1099‑NEC.
If you don’t have a W‑9, you are still required to file using whatever information you have—and issue a corrected form later if the vendor finally provides their details.
Rumor Mill: The IRS did propose increasing the threshold to $5,000, and at one point discussed $2,000, but those increases have NOT been finalized or implemented. As of now, the long‑standing $600 threshold still applies for 2026 filings unless the IRS issues a final rule changing it.
Want help tightening up your process?
If you’d like support setting up a clean W‑9 workflow, organizing your vendor files, or preparing for 1099 season long before January, I’d be happy to help. Strong bookkeeping systems make compliance easier and keep your year‑end stress low.