TAX TIP OF THE WEEK: Red Flags Your 1099 Reportable Entity Payee May Have a New EIN Requiring You to Update The W-9 You Have on File

With a new W-9 out AP departments often ask: must I update my payee's information? You do, if TIN related information has changed. Let's look at EIN red flags requiring a response under IRS due diligence rules.

[Full text available to TIR Answer Center subscribers. Subscribe to read full article.]