Verifying Vendor TINs – The IRS TIN Matching Program
Want to save time, work and potential penalties? First, get your vendors’ tax ID numbers (TINs) and tax classifications upfront. Then validate those TINs. Way back in 2003, the IRS introduced TIN matching. The IRS TIN Matching Program allows organizations to validate vendor TINs in advance of payment reporting. Any organization can register and use…