Bsiness owners will not keep up with yet another information burden that has not real meaning to them. Instead, the taxpayers will pay for an information system that will be riddled with errors. The only time you really need to know who is responsible party in a collections action. When you go into a collections action, you will need to discover this information whether you have this database or not. You won't be able to rely on this database because it will be riddled with errors. So in the end, this will be a waste of taxpayer money.
Comment on FR Doc # 2012-06072
This is comment on Proposed Rule
Updating of Employer Identification Numbers
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