Tag Archives: tax returns

Is a tax return transcript the same as a tax return?

Posted on March 6, 2020 by Sandra James

When you’re applying for a mortgage, auto or business loan, you’ll be asked for a variety of documents to prove your income. The lenders will typically ask for your credit history, information on your debt, recent paystubs, legal documents like … Continue reading →

Posted in 4506-Transcripts, Financial, IRS and Tax Transcripts | Tagged , , , , | Leave a comment

Do Mortgage Lenders Look at Tax Returns?

Posted on September 17, 2019 by Sandra James

Mortgage lenders are important because they make it possible for Americans to have homes. However, every time they offer a home loan, these lenders take a risk that the borrower may not be able to repay the money. Therefore, they … Continue reading →

Posted in 4506-Transcripts, Financial, Home Mortgage, IRS and Tax Transcripts | Tagged , , , , , | Leave a comment

How many years of taxes do you have to keep for a business?

Posted on January 18, 2018 by Sandra James

As the looming tax season approaches, many taxpayers scramble to find the answers pertinent to their unique employment, investment and business-related questions from qualified accountants. The question of how long to hold on to tax-related paperwork is one of the … Continue reading →

Posted in IRS and Tax Transcripts | Tagged , , , | Leave a comment

Why does a mortgage company need a transcript of tax return?

Posted on December 24, 2017 by Sandra James

When applying for a mortgage, the potential borrower is asked to submit several pieces of documentation to the lender. Documents that are typically required include recent tax returns, pay stubs, W-2 forms, statements from any bank and investment accounts and … Continue reading →

Posted in Home Mortgage | Tagged , , , , , | Leave a comment