Having the correct Tax Identification Number (TIN) is essential when filing W-2s, 1099s and ACA forms. The nine-digit number could be a Social Security Number (SSN), Employee Identification Number (EIN), Individual Taxpayer Identification Number (ITIN) or an Adoption Taxpayer Identification Number (ATIN). A valid Social Security Number may only be obtained through the Social Security Administration. While the IRS issues EIN, ITIN and ATINs.
- Common TIN errors to watch for
- The importance of TIN matching
- The cost of noncompliance
- It all starts with a plan
Source: SOVOS
