Category Archives: IRS and Tax Transcripts

FAQ: 4506-T

Sometimes you or a third party individual or company might need to retrieve past tax return transcripts from the Internal Revenue Service, including W-2 Wage and Tax Statement, 1099 Miscellaneous Income, 1040 U.S. Individual Income Tax Return, 1120 U.S. Corporation … Continue reading

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Why Homeowners Should Take Notice Of Their 4506-T

When people borrow money from lenders like banks and credit unions to buy a new home or they refinance an existing mortgage, they are asked to submit IRS Form 4506-T Request for Transcript of Tax Return to confirm past and … Continue reading

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An Indepth Look At The Tax Transcripts & 4506-Ts

Lenders have begun experiencing difficulty in regards to obtaining tax information from the IRS. Initially the IRS blamed the slow transcript turn times on budget cuts. The IRS believes that their computers are running slower even as employees get paid … Continue reading

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3 Tips for 4506-T Quality Control

The 4506-T is an IRS form that authorizes lenders to obtain your recent tax transcripts. This is a way for the creditor to verify your income, deduction claims, and any owed taxes showing on your return. The form must be … Continue reading

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How To Stop Fraud

Identity theft is a serious problem throughout the world. Banks and other businesses need to take active steps to stop it from occurring. When appropriate measures are taken, identity thieves can be stopped in their tracks. It is especially important … Continue reading

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