On Thursday, the IRS issued proposed regulations (REG-148873-09) that permit filers of information returns to use truncated taxpayer identification numbers (TTINs) when issuing payee statements in the ...
We all have done some basic maths where we used to shorten a number with a lot of decimal digit. If Truncate and Round of sounds familiar, then you got it right. In this post, we will show how you can ...
The IRS issued final regulations (T.D. 9675) that allow the use of truncated taxpayer identification numbers (TTINs) on payee statements and certain other documents where not prohibited by the ...