1099 Enterprise for
Payment Settlement Entities

Manage high-volume 1099-K filings with ease. Built for scale,
compliance, and seamless integration.

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Trusted by 1 Million+ Businesses

for Payment Settlement Entities

Ensure Seamless 1099-K
Reporting Compliance at Scale

Payment Settlement Entities handle millions of transactions under
IRS Section 6050W. 1099 Enterprise automates 1099-K filings with API
integrations, real-time TIN matching, and scalable infrastructure to
meet compliance requirements.

Key Tax Forms for Payment Settlement Entities

1099-K

Report gross payment card and third-party network transactions for sellers and merchants.

1099-NEC

Report contractor fees, payouts, and professional service commissions.

W-9

Collect and validate TINs for sellers, vendors, and independent contractors using the platform.

B-Notice Handling

Manage IRS backup withholding notices and TIN discrepancy resolutions.

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Tax Reporting Challenges for PSEs

High-Volume, Threshold-Based
1099-K Reporting

The IRS now requires 1099-K reporting for transactions totaling just $600 annually, dramatically increasing form volume for platforms that support peer-to-peer and small business payments.

Multi-Client Filings

TIN Collection & Verification at
Scale

Verifying and managing millions of Taxpayer Identification Numbers (TINs) is essential to avoid IRS B-Notices, penalties, and backup withholding requirements.

Multi-Client Filings

Multi-Platform & Cross-Border
Complexity

PSEs often operate across multiple geographies, currencies, and business models, complicating transaction categorization and form logic.

Multi-Client Filings

Need for Secure, Real-Time API
Workflows

Filing requirements demand end-to-end automation, audit transparency, and real-time sync between backend systems and tax engines.

Multi-Client Filings
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Compliance at the Core for PSEs

Efficient, High-Volume 1099-K Filing

  • Massive Scale Support: File millions of forms across sellers, merchants, and users without bottlenecks.
  • Threshold Logic Automation: Automatically apply federal and state-level thresholds for accurate 1099-K generation.
  • Multi-Entity Reporting: Segment reports by platform, brand, geography, or line of business.

Real-Time TIN Matching

  • Bulk TIN Validation: Pre-screen all new and existing users against IRS records to prevent rejections.
  • Continuous Monitoring: Detect changes, invalid matches, and B-Notice triggers with automated alerts.

Enterprise Security & Compliance

  • SOC 2 Type II Certification: Built to meet strict financial services security standards.
  • Encrypted Data Infrastructure: Secure sensitive data across every step of the tax lifecycle.

Full API Integration for Seamless Sync

  • RESTful API Access: Integrate directly into your onboarding, payout, and reconciliation workflows.
  • Custom Implementation Support: Adaptable to complex architectures with dynamic reporting rules.

Comprehensive B-Notice
Management

  • Automated Responses: Systematically address IRS CP2100 and CP2100A notices with built-in workflows.
  • Track Withholding Requirements: Automatically apply backup withholding flags based on notice stages.
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Why Why Leading Payment Platforms Trust
1099 Enterprise

Built for Section 6050W Compliance

Trusted by top PSEs for IRS 1099-K
and NEC requirements.

Scalable to Billions in Transactions

Whether processing 1,000 or 10 million forms,
we scale with your business.

Advanced Automation

Eliminate manual effort and human error with API-first
architecture.​

Specialized Support Team

Backed by tax experts who understand PSE
compliance inside and out.

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