If you are a US entity and not currently doing an IRS TIN Match for your vendors, 1) don’t worry you’re not alone and 2) I have options that you can pick from to start this critical validation. And if you are currently doing it, maybe a different option will make your vendor process more efficient.
Keep listening.
Check out my website www.debrarrichardson.com if you need help cleaning your vendor master file or implementing authentication, internal controls, and best practices to it from fraud.
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Links mentioned in the podcast:
- Training: IRS W-9 Examples by Tax Classification > What to Look for when Accepting Your Vendor’s W-9: https://www.debrarrichardson.com/essentials
- TINCheck.com: https://www.tincheck.com
- W-9 Manager: https://www.w9manager.com/
- IRS Publication 2108-A: On-Line Taxpayer Identification Number (TIN) Matching Program https://www.irs.gov/pub/irs-pdf/p2108.pdf
- Vendor Validation Reference List with Resources Links: www.debrarrichardson.com/vendor-validation-download
- Toolkit: Done for Your Vendor Setup Forms, Company Branded ACH Form, Vendor Communication Templates, and Desktop Procedures in the Toolkit.
- Get Ready for 1099 and 1042 Tax Reporting Season by cleaning up your data: 5 Day Vendor Master File Clean-Up or 24 Hour Rapid Vendor Validations.
- YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
- Desktop Procedure Template: https://www.debrarrichardson.com/desktop-procedures
- Prevent Fraudulent Payments. Get Your Own Copy of the 3 Step Vendor Setup and Maintenance Process eGuide.
- More Podcasts/Blogs www.debrarrichardson.com
- More ideas? Email me at [email protected]
- Music Credit: www.purple-planet.com
03/03/22 • 28 min
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