Validating Vendor Tax ID
From AYSO Wiki
Please send all W-9's to AYSO Office via email to finance@ayso.org prior to paying new vendors and independent contractors. Request for the vendor's tax ID to be validated.
- AYSO office can usually provide an answer within 24 business hours
- Save time at year end
- Ensure all vendor Tax IDs match IRS records
- Reduce the possibility of required tax withholdings for vendors (independent contractors)
Why is it important to Validate a Vendor's Tax ID?
The IRS requires backup tax withholding for all vendors that do not have a valid Tax ID. Let's avoid this extra work by validating the Tax ID upfront.