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Managing Supplier Data for Disregarded Entities and 1099 Compliance
March 12, 2025
Q. We are seeking your guidance on managing supplier master data setups, particularly concerning disregarded entities. Our company has partnered with a third-party system that manages supplier information through a portal where suppliers can create profiles with their company information. This portal connects with our ERP system to ensure a secure transfer and update of sensitive information (e.g., banking and tax details).
We have encountered an issue where the third-party portal allows…
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