Why does the MySquard Platform need my SSN or SIN?
MySquard Services requires your Social Security Number (SSN) or Social Insurance Number (SIN) to comply with legal and tax regulations. Here’s why:
✅ Tax Reporting Compliance
- MySquard is required by law to report your earnings to the appropriate tax authorities.
- Providing your SSN/SIN ensures accurate tax documentation and reporting.
✅ Verification and Security
- Your SSN/SIN helps us verify your identity and prevent fraudulent activity.
- It ensures that only verified partners are providing services through the platform.
✅ Payment Processing
- To facilitate secure and timely payments, we require valid tax identification.
- This ensures you receive your earnings without delay.
🔒 Data Security
- Your information is encrypted and stored securely.
- MySquard adheres to strict data protection standards to keep your sensitive information safe.
📄 When is it required?
- You’ll be asked to provide your SSN/SIN during the onboarding process or when your earnings reach a taxable threshold.
- Providing this information is essential for staying compliant and ensuring smooth payments.
- Need help? Contact us via chat or call on the mobile app, or email us at partners@mysquard.com