Category Archives: IRS and Tax Transcripts

What is a 4506t?

Form 4506t is a Federal tax form commonly referred to as the Tax Transcript form. This common form is used to: Request a personal tax return copy Designate a third party to receive a personal tax return copy Form 4506t … Continue reading

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What is the CBSV?

CBSV, or the Consent Based Social Security Number Verification Service, is a part of the Social Security Administration, an agency within the U.S. government that was created by Franklin D. Roosevelt during the Great Depression. Indeed, when companies or other … Continue reading

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What can be used as proof of income?

When you apply for a loan, whether it’s a car loan, a mortgage or a personal loan, the lender generally will require you to show proof of income. The lender does this because it wants to be sure you can … Continue reading

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How Does a Bank Verify Employment?

When you apply for a mortgage or another type of loan, the lender will typically need to verify your employment before they can approve you. Along with contacting your current employer, lenders will also want to verify any documentation you … Continue reading

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How far back can the IRS go to audit my taxes?

You may think that you are in the clear once your tax refund check arrives. However, this is not necessarily the case, and you should keep a copy of your tax return in case the IRS decides to audit it. … Continue reading

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