Businesses face significant financial penalties and administrative burden from filing 1099 forms with mismatched TIN/name combinations, which are not caught until the IRS issues a B-notice months later.
IRS TIN Matching portal is free but painful for high volume and offers only basic matching; third-party tools like TINCheck work for batch but represent an extra step and cost, and there is no integrated solution that automates verification at onboarding or just before filing within the 1099 preparation workflow.
Workarounds Described
- Uses IRS TIN Matching portal manually, which is painful for high volume
- Uses TINCheck batch tool for bulk verification and OFAC screening
Implied Software Gaps
- Automated TIN verification integrated into 1099 preparation workflow that catches mismatches before filing
TINGuard Pro
A SaaS platform that integrates into 1099 filing workflows to automatically verify vendor TIN/name combinations against the IRS database and run OFAC screening in real-time. It catches mismatches before filing, preventing B-notice penalties and backup withholding headaches. TINGuard Pro offers bulk upload, API integration with accounting software, and scheduled re-verification.
- Real-time TIN/name verification against IRS database
- Bulk upload and CSV/API integration with accounting software
- Automated OFAC and sanctions screening
- Scheduled re-verification at onboarding and before filing season
- Dashboard with penalty exposure estimates
Existing Solutions Mentioned
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