I received a notice about something called backup withholding. What's that?

If the information you give us about your business doesn't match what the IRS has on file, your funds may be delayed while the discrepancy is corrected. 

To combat this, make sure that the legal business name and SSN/EIN/ITIN are exactly the same as is listed with the IRS. Common mistakes here involve incorrect spacing or styling (L & P Roofing instead of L and P Roofing). 

If a mismatch is detected, we will send you a B notice. Please contact us within 30 days of receiving the notice to correct any issues. If you do not, we are required to withhold 28% of your daily funding until the issue is resolved.

PS - Here's how to respond to a B notice.

PPS - Here's what happens after you respond.

If you have any questions, please call us at 408-295-8360.