W-9 Corrections is contracted by Third Party Administrators (TPA) and other entities to help manage their 1099 files before it is time to file with the IRS. According to the companies that have retained W-9 Corrections, the Tax Identification Number (TIN) and Name on their records, do not match the IRS’s record. Therefore, they are requesting a copy of your W-9 to help correct their files.
The company requesting a copy of your W-9 would be an entity that is required to file 1099s annually. Please refer to your letter to see the specific company that is requesting a copy of your W-9.
You should complete the W-9. Then return the completed W-9 to W-9 Corrections via one of the following methods:
If the claim payer does not file the correct Tax ID and Legal name combination, you may be subject to a 24% withholding of payments. A B-Notice will be sent to you and then you will have to answer to the IRS to get this fixed.
W9 Corrections has been contracted by multiple claims payers to correctly file 1099s with the IRS. In order to do this, we need you to provide a proper Tax ID and legal name combination.
Yes. The information you provide is not shared with any company other than the claim payer client that has contracted with us.
We’ve used BASELoad for our 1099 processes for 7 years and they’ve been great to work with. Their service takes much of the 1099 work off our staff, which helps us out tremendously. We would not want to go back to the old in-house processes we used to use.
With W-9 Corrections, I no longer have to worry about our 1099’s because they handle the process and are great at reminding me of important deadlines. They do such a great job and provide excellent customer service.
BASELoad is a pleasure to work with. They are always very responsive and adaptive to our requests. The service is outstanding.
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.
BASELoad is efficient, accommodating, and professional. We are going on five years with absolutely zero service issues.
