I am not subject to backup withholding meaning is a phrase typically used in the context of the Internal Revenue Service (IRS). It refers to the fact that certain types of payments made to an individual or entity are not subject to backup withholding.
What is backup withholding?
Backup withholding is a process by which the IRS can collect tax payments from individuals or entities that have not paid the required taxes. The IRS can do this by withholding a …
