Safeguard Your Organization with Comprehensive Compliance Solutions
Businesses of all types face tax reporting requirements and need to verify vendor identities to protect against fraud and penalties. TINCheck helps organizations of any size ensure accurate reporting while streamlining vendor management.
Why Businesses Choose TINCheck
Prevent B-Notices & Penalties
Validate TIN/Name combinations before filing to avoid costly corrections and potential IRS penalties.
Streamline Accounts Payable
Validate contractor and marketplace seller identities against government records to protect your platform.
Reduce Fraud
Risk
Screen vendors against government watchlists to protect your organization from potential sanctions violations.
Improve Data
Accuracy
Maintain clean vendor master data with automated verification processes that catch errors early.
TINCheck Solutions for Businesses
TINCheck Bulk
Process your entire vendor database simultaneously for annual compliance reviews or system cleanup projects.
TINCheck Real-Time
Verify tax identities instantly during vendor onboarding to maintain efficient procurement processes.
TINCheck API
Integrate tax identity verification directly into your ERP, accounting, or procurement systems for seamless compliance.
Industry-Specific Applications
- Manufacturing
- Retail
- Professional Services
- Technology Companies
- & More
Whatever your industry, protect your business from potential tax penalties, reduce compliance risks, and optimize vendor management with TINCheck’s comprehensive identity verification solutions.
Frequently Asked Questions
FAQs
What is a B-Notice and how does TINCheck help prevent them?
A B-Notice (CP2100/CP2100A) is an IRS notification that indicates you’ve submitted information returns with missing or incorrect TINs. Businesses receiving B-Notices must solicit correct information from payees and may face backup withholding requirements. TINCheck prevents B-Notices by validating TIN/Name combinations before filing, reducing administrative burden and penalty risk.
When should our business verify vendor TINs – at onboarding or before tax filing?
While verification before tax filing is essential, implementing TIN verification during vendor onboarding is the most effective approach. TINCheck’s Real-Time solution allows you to validate tax identities during initial setup, preventing data entry errors and ensuring accurate information from the start of the business relationship.
How long should we retain TIN verification records?
The IRS recommends keeping TIN verification records for at least four years from the filing due date. TINCheck maintains a comprehensive audit trail of all verification attempts, providing timestamped documentation that can be accessed and exported for record-keeping and audit defense purposes.
What’s the difference between TIN Matching and comprehensive TIN verification?
Basic TIN Matching only confirms whether a TIN/Name combination matches IRS records. TINCheck provides comprehensive verification that includes TIN Matching plus screening against OFAC and 20+ other government watchlists, death records, and additional compliance databases – giving you complete protection beyond simple TIN validation.
How does TINCheck help with the new 1099-NEC reporting requirements?
TINCheck validates contractor information for accurate 1099-NEC reporting, which replaced 1099-MISC Box 7 for non-employee compensation. Our system helps ensure accurate filing under the accelerated January 31 deadline for this form, reducing the risk of penalties and supporting compliance with these relatively new reporting requirements.