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I was wondering about this. So what about "online faxing"? Is this as safe as traditional faxes, or is it no safer than sending an email?
Technically, as requested by the IRS, no matter how tedious and unnecessary, libraries are supposed to obtain new tax forms, W-9s or W-8BENs every year. This is to make sure information is correct or updated. Are they giving you a heads up and asking you to turn it in by January, or are they demanding it now?
Congratulations! You've had a large number of your files downloaded from the Shutterstock site.For compliance reasons, we're required to have a completed W-9 form from you on file so we can process a 1099 tax form at the end of the year and provide you with a copy for your own tax reporting. The 1099 form will indicate your total income from Shutterstock for the year and is also filed with the IRS. For this reason, we cannot process any payments to you until we have your completed W-9 on file.To download the W-9 form, please go tohttp://www.irs.gov/pub/irs-pdf/fw9.pdfAfter filling out the form, please fax it to 347-626-2455. Make sure it is clearly labeled with your account ID (54905). Again, we will not be able to process any payments to you until we have received the completed W-9 form.Thank you for your cooperation and thank you for allowing us to represent your content.Regards,Shutterstock Support
Sometimes procrastination is a winning strategy.