What is the Death Master File?

If you are involved in your organization’s year-end tax filing process, you know the importance of maintaining accurate individual and vendor tax data. Tax Identification Number (TIN) matching is a critical process that can help protect your organization from errors, B-notices and penalties from the IRS. TIN matching typically occurs at two points in a… Read more »

Why TIN Matching is Important for Your Business

Having the correct Tax Identification Number (TIN) is essential when filing W-2s, 1099s and ACA forms. This nine-digit number could be a Social Security Number (SSN), Employer Identification Number (EIN), Individual Taxpayer Identification Number (ITIN) or an Adoption Taxpayer Identification Number (ATIN). A SSN may only be obtained through the Social Security Administration, while the… Read more »

Three Ways a Bulk TIN Match Helps Maintain 1099 Reporting Compliance

If your business has a large number of customers or vendors, then you are probably familiar with the challenge of maintaining accurate name and TIN information for 1099 tax reporting purposes. Collecting a W-9 during customer onboarding and doing a proactive real-time TIN and name check with the IRS database are solid best practices every organization… Read more »

5 Reasons Your Business Should be Proactively TIN Matching

Improving the efficiency of financial operations while maintaining compliance is critical to the success of any growing business. One of the proactive steps that can help improve the efficiency and accuracy of your tax compliance is TIN Matching.  This simple but important verification process can have several significant benefits to your business. Here’s a closer… Read more »