A W-9 is required for initial payments to businesses that are not identifiable as corporations, tax-exempt organizations or government agencies. If the type of business of a payee is not known, a W-9 must be obtained before payment. If a vendor/individual fails to accurately complete a W-9, Temple University is required by the Internal Revenue Service to withhold income tax at 31%. This amount will be deposited to an approved IRS depository bank and reported to the vendor or individual as federal withholding on a Form 1099 at calendar year-end.
Check Run Schedule Direct Deposits (ACH) are done daily and Disbursements (Paper Check
Runs) are done on Monday, Wednesday and Friday each week.
TEMPLE ADMINSTRATIVE SERVICE BUILDING (TASB)
Temple University (083-07)
Accounts Payable Department
1852 N. 10th Street
Philadelphia, PA 19122-8307
Phone: (215) 926-2048
Fax: (215) 926-2022