A TIN error occurs when a vendor or an employee’s name and Tax ID do not match what the IRS has on file. The prime reason for this to occur is because of hyphenated last names, nicknames, middle names, initials or a typo in the FEIN, business name, SSN, or last name.
The benefit to you as a client is to prevent IRS filing errors, which could potentially result in penalties. SPS/GZ will submit client TIN-Matching files to the IRS on a monthly, quarterly, or annual basis prior to December 1st. We collaborate with our clients to resolve errors before and after e-filings have occurred. Corrections are easy to make in our portal.
SPS/GZ is a full-service tax reporting and stock plan administration firm that provides personalized service and exceptional support, utilizing state-of-the-art technology to business clients of all sizes. We create and e-file Forms 1042-S, 1098-T, various 1099s. including 1099-NEC, and Affordable Care Act tax forms, as well as Forms 3921 and 3922. For more information, reach out to us at email@example.com or call at (888)375-3049. Our complete and affordable solution allows administrators to simply upload their tax form data file to our secure portal in a few simple steps and we handle everything else to keep your organization compliant. Contact us today!