Can State agency do any thing that can prevent the BUWH on vendor payment?
Yes – State Agency can insure that they have received correct TINs from vendors before entering vendor payment information into R*STARS. Entering incorrect TINs into the R*STARS vendor table will result in BUWH being applied to all State payments to the vendor. The vendor name and TIN number should be exactly same (spelling & number) name/TIN Combination assigned by the SSA or IRS.
Related Questions
- I know we should have a TIN for a vendor or a W-9 on file before sending out a payment. How about to a tax collector or a tax collecting Agency?
- Can a State agency be a sub-recipient or vendor of another State agency in relation to Section 1512 reporting?
- Can State agency do any thing that can prevent the BUWH on vendor payment?