Our office uses BASELoad and W-9 Corrections to review provider’s W-9 information for discrepancies between what we have been provided and what is registered with the IRS. We have utilized this service for several years and have found that our 1099-MISC form returns have been drastically reduced. Our returned mail for incorrect addresses on our 1099-MISC forms has declined and we did not receive a CP-2100A notice for any incorrect filing last year. The staff at BASELoad responds quickly and efficiently to any information or requests and have made what could be a difficult time each year much less stressful.
The 1099 Solution saves payers significant costs in time and expenses, as well as in fees and fines from the IRS. None of our 1099 Solution clients have ever paid a fine to the IRS for TIN/Legal Name Mismatches.