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Posted: 8/6/2014 11:04:00 AM EDT
The accountant at my day job is requiring me to get signed W9's from every vendor i buy a gun from through gunbroker or wherever. Its proving to be a nightmare. I'm pretty sure this isn't necessary, but can some of you atleast help explain to me why they think we need this?

ETA: I have asked repeatedly and the best answer i get is that we can't expense anything we dont get a W9 for. This sounds like BS to me. When I get gas at a gas station the cashier doesn't hand me a w9 they hand me a receipt.
Link Posted: 8/6/2014 11:39:31 AM EDT
[#1]
Are you a FFL buying for resale?

Does the Accountant want to issue a 1099 to these people too?
Link Posted: 8/6/2014 11:48:30 AM EDT
[#2]
You don't need to get a W9. You need to get a better accountant.
Link Posted: 8/14/2014 3:01:02 AM EDT
[#3]
Fire accountant. Really..
Link Posted: 8/15/2014 12:02:45 AM EDT
[#4]
<- FFL
Quoted:
The accountant at my day job is requiring me to get signed W9's from every vendor i buy a gun from through gunbroker or wherever. Its proving to be a nightmare. I'm pretty sure this isn't necessary, but can some of you atleast help explain to me why they think we need this?

ETA: I have asked repeatedly and the best answer i get is that we can't expense anything we dont get a W9 for. This sounds like BS to me. When I get gas at a gas station the cashier doesn't hand me a w9 they hand me a receipt.
View Quote

I just went through a tax audit earlier this year.  With proof of payment (check, receipt for USPS MO, CC statement, etc) and screen shots of the auctions (there weren't many) I had no problems.
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