Startup I am no longer working with is requesting that I fill out a 2014 w9 form. Is this standard, could someone please provide any insight as to why a startup may be doing this and how would I go about handling it?

It appears that the company may be trying to reclassify you as an independent contractor rather than an employee.Based on the information provided, it appears that such reclassification (a) would be a violation of applicable law by the employer and (b) potentially could be disadvantageous for you (e.g., depriving you of unemployment compensation if you are fired without cause).The most prudent approach would be to retain a lawyer who represents employees in employment matters.In any event, it appears that you would be justified in refusing to complete and sign the W-9, telling the company that there is no business or legal reason for you to do so.Edit: After the foregoing answer was written, the OP added Q details concerning restricted stock repurchase being the reason for the W-9 request. As a result, the foregoing answer appears to be irrelevant. However, I will leave it, for now, in case Q details are changed yet again in a way that reestablishes the answer's relevance.

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Hi folks welcome back to mind your own business my name is Steve in this video I'm going to talk about a w-9 form a w-9 form is an IRS form used in the United States that independent contractors supply to their customers w-9 forms can be easily found on the web you go open up a Google search engine and type in IRS w-9 and there may be more than one version out there you'll look for the date you'll want the like at the time I'm making this video which is March 2014 the revision from August 2013 is the latest one they don't change much, but you should make sure you get the latest one so here's the w-9 form and this is rEvally pretty easy to fill out however it does come with about three pages of very detailed instructions now there are two things you can do at this point you can either choose to print this form on to a printer and then fill it out by hand which is perfectly fine, or you can save the form to your computer and fill it out on the computer before printing, so I'm going to do

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Startup I am no longer working with is requesting that I fill out a 2014 w9 form. Is this standard, could someone please provide any insight as to why a startup may be doing this and how would I go about handling it?
It appears that the company may be trying to reclassify you as an independent contractor rather than an employee.Based on the information provided, it appears that such reclassification (a) would be a violation of applicable law by the employer and (b) potentially could be disadvantageous for you (e.g., depriving you of unemployment compensation if you are fired without cause).The most prudent approach would be to retain a lawyer who represents employees in employment matters.In any event, it appears that you would be justified in refusing to complete and sign the W-9, telling the company that there is no business or legal reason for you to do so.Edit: After the foregoing answer was written, the OP added Q details concerning restricted stock repurchase being the reason for the W-9 request. As a result, the foregoing answer appears to be irrelevant. However, I will leave it, for now, in case Q details are changed yet again in a way that reestablishes the answer's relevance.

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