Managing which vendors require a 1099 can quickly become complicated, especially in large health systems. TAG’s 1099 Vendor Review service takes the confusion out of compliance by identifying which vendors are 1099 reportable, cleaning your vendor master, and ensuring proper classification across all entities.
Our experts help your Accounts Payable and Finance Teams avoid costly penalties, streamline IRS reporting, and maintain audit-ready vendor data.
TAG performs a full analysis of your vendor master to identify entities that require 1099 reporting. We cross-reference vendor tax classifications, ownership types, and service categories to ensure compliance and eliminate risk.
Our team reviews each vendor’s W-9, TIN, and corporate structure (LLC, LLP, Sole Proprietor, Corporation, etc.) to confirm reporting eligibility. We flag inconsistencies such as:
Using data-driven rules, TAG automatically categorizes vendors into reportable and non-reportable groups. This includes high-risk categories like:
You’ll receive a detailed summary highlighting:
Retrieves unclaimed credits through automated vendor outreach and verification.
Automate time consuming manual processes through intelligent data matching, validation, and vendor outreach.
