In January of each year, Univera is required to file the appropriate tax reporting documents with US and Canadian authorities to report income earned within certain guidelines. To do this, we use the information you currently have listed on your account. If the name on your account does not match what is on your tax return, this could result in a potentially costly reporting error and potentially trigger a tax audit.
The IRS imposed fines on a number of Associates who supplied Univera with inaccurate information. We do everything we can to help Associates correct issues to avoid fines, but this can be a time-consuming and frustrating effort for all involved.
These hassles could be easily avoided by checking to make sure your legal name is on your account. For instance, if the name on a Social Security card is Jonathan Z Abernathy and the account is listed under Johnny Abernathy, it will result in an error. With the new year fast approaching, this is a perfect time to verify all of your information – especially your name and Social Security Number, Social Insurance Number, or Tax Identification Number.
How to verify your legal contact information:
- Go to the “Account Profile” under reports on univera.com and verify that your name and last four of your SSN or SIN (or last 3 digits of your TIN in Canada) in the Information box matches your Social Security card or other identification records.
- If the information does not match, submit a new Associate Agreement with the correct information to Customer Care at 877-627-4787 in the US or 800-363-1890 in CAN. Please note “Information Update” at the top of the form.
- If you prefer to be called by a different name than your legal one, be sure to indicate that in the “Recognition Name” field on your form.
- If you use a business name, please be sure you have completed a Business Entity Registration Form so that Univera has the appropriate information. Business names entered online will need to be corrected.
We thank you for taking just a moment of your time to check before the end of the year.