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What is TinCorrect?

TINCorrect simplifies the IRS TIN matching procedures for 1099 compliance, allowing teams to quickly verify name and TIN combinations before submission, thereby reducing the chance of B-Notices and improving the accuracy of vendor data with minimal manual effort. Users can easily upload combinations of names and TINs or EINs through a spreadsheet, single entry, or API, with the ability to handle batches of up to 100,000 records efficiently. The platform performs validation of each name and TIN combination directly against the IRS TIN Matching Program, providing immediate results in seconds or minutes, in contrast to the lengthy overnight bulk processing usually necessary. It supports common file formats like CSV, Excel, and TSV, manages IRS formatting seamlessly, and automatically eliminates duplicate entries before processing to prevent wasted resources on unnecessary lookups. In addition to delivering essential IRS result codes, TINCorrect also provides detailed explanations and recommended next steps for each record, helping users understand the causes of mismatches, which may include issues like a missing TIN, an invalid TIN, discrepancies in names, incorrect TIN types, duplicate requests, or pending EINs. This extensive functionality not only helps organizations remain compliant but also significantly boosts their operational efficiency, making it an invaluable tool for financial teams. Furthermore, TINCorrect's user-friendly design ensures that even those with minimal technical expertise can navigate the platform effectively.

What is Thomson Reuters ONESOURCE?

The leading tax and accounting software in the industry enables you to optimize your accounting, tax preparation, and reporting tasks effectively, ultimately minimizing the likelihood of facing penalties and audits. Thomson Reuters ONESOURCE tax software keeps you informed about the latest developments in corporate tax and trade compliance, adapting to the ever-evolving landscape of state, federal, and international tax regulations. It enhances collaboration among departments and partners, ensuring that corporate tax compliance and trade compliance are maintained seamlessly, irrespective of your company's geographic presence. Moreover, ONESOURCE stands out as a premier provider in tax compliance and accounting decision-making, offering solutions that are designed to be accessible from various locations for efficient teamwork and information sharing. This flexibility allows users to swiftly transition between locations, ensuring uninterrupted operations. Additionally, the software is scalable to accommodate your company's growth, providing a long-term solution that evolves alongside your needs while being backed by trustworthy research and extensive global coverage. The software's user-friendly interface also contributes to a more intuitive experience for all users.

Media

Media

Integrations Supported

Archive360
BillingPlatform
Bottomline Paymode
EmpoweredESG
EmpoweredNEXT
Exegy SMDS
Google Sheets
Gotransverse
IDmission
Microsoft Excel
ONESOURCE Denied Party Screening
SAP Store
SOFTRAX Revenue Management System
Teamstack

Integrations Supported

Archive360
BillingPlatform
Bottomline Paymode
EmpoweredESG
EmpoweredNEXT
Exegy SMDS
Google Sheets
Gotransverse
IDmission
Microsoft Excel
ONESOURCE Denied Party Screening
SAP Store
SOFTRAX Revenue Management System
Teamstack

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

TinCorrect

Company Location

United States

Company Website

tincorrect.com

Company Facts

Organization Name

Thomson Reuters

Date Founded

1934

Company Location

Canada

Company Website

tax.thomsonreuters.com

Categories and Features

Corporate Tax

Compliance Management
Data Import / Export
Data Verification
Electronic Filing
Exception Notification
For Nonprofits
For Partnerships
K-1 Reporting
Payroll & Employer Forms
Status Tracking
Tax Planning

Categories and Features

Corporate Tax

Compliance Management
Data Import / Export
Data Verification
Electronic Filing
Exception Notification
For Nonprofits
For Partnerships
K-1 Reporting
Payroll & Employer Forms
Status Tracking
Tax Planning

Fixed Asset Management

Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management

Sales Tax

Address Validation
Audit Trail
Consumer Use Tax
Exemption Management
Tax Calculator
Tax Filing
Taxability Verification
Transaction Tracking
Value Added Tax (VAT)

Tax Practice Management

Approval Process Control
Billing & Invoicing
Client Management
Client Portal
Document Management
Due Date Tracking
Scenario Planning
Tax Filing
Tax Forms
Workflow Management

Trust Accounting

Accrual Accounting
Activity Tracking
Asset Gain & Loss Reporting
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

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