W-9 WEBSITE INFORMATION
Download
1 / 18

W-9 WEBSITE INFORMATION - PowerPoint PPT Presentation


  • 82 Views
  • Uploaded on

W-9 WEBSITE INFORMATION. Department of Financial Services Division of Accounting & Auditing. Topics for Discussion. Overview Legal Basis Impact Website Overview Taxpayer Authentication Communication Plan Additional Information Links Contact Information Q & A. Substitute Form W-9.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'W-9 WEBSITE INFORMATION' - fionan


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
W 9 website information

W-9 WEBSITE INFORMATION

Department of Financial Services

Division of Accounting & Auditing


W 9 website information

Topics for Discussion

  • Overview

    • Legal Basis

    • Impact

  • Website Overview

  • Taxpayer Authentication

  • Communication Plan

  • Additional Information

    • Links

    • Contact Information

    • Q & A


W 9 website information

Substitute

Form W-9




Impact

  • State must obtain Substitute Form W-9 for all vendors (over 200,000 vendors)

    • Automate the submission of Substitute Form W-9

  • Vendors will need to submit a valid Substitute Form W-9 to State of Florida

    • Prior to first order or purchase

  • Business Designation section will expand to align with requirements of 3 percent withholding and draft regulations

  • IRS TIN matching will be used for validation

Impact


W 9 website information

W-9 Website Overview

W-9 Website Overview


Launch date march

W-9 Website

Launch Date: March


W 9 website information

Once registered, vendors can sign on to the W-9 Website

Training on how to access and complete forms is offered through this link

Click here to access “Profile Registration” screen

Select any of these options for additional information


W 9 website information

  • For details on registration and submission of the Substitute Form W-9, please view the presentation at the following link:

  • http://www.myfloridacfo.com/aadir/docs/SubstituteFormW9Workshop.pdf



W 9 website information

  • State of Florida participates in IRS TIN Matching Program

    • Nightly load of all of the Substitute Form W-9 adds or name changes will check the TIN against the IRS Name/TIN combination contained in the IRS database

  • Vendor will receive one of three responses via email

    • IRS Name and TIN combination match IRS records and vendor account will be activated

    • TIN submitted has not been issued to any entity therefore it is invalid

    • IRS Name and TIN combination does not match IRS records

  • Status will appear on W-9 Main Menu

  • Status may be checked in Statewide Vendor File



W 9 website information

  • Webinars for State of Florida Vendors

    • February 24, 2011

    • March 17, 2011

    • March 24, 2011

  • Message on Warrant and EFT Remittances

  • Notification and link on MyFloridaMarketPlace (MFMP) website

  • DFS Flyer

  • Messages and links on DFS website

  • Planned link on MyFlorida.com website




Contact information

  • Vendor Management Section

    • FLW9@myfloridacfo.com

    • (850) 413-5519

  • MFMP Vendor Help

    • VendorHelp@MyFloridaMarketPlace.com

    • 1-866-352-3776

Contact Information