Since 2021, the IRS has allowed for e-signatures on Form 8821, but there’s more than meets the eye. Read on to learn more about how authenticating a signer is MUCH harder then you might think.

Verifying a borrower’s income with the help of IRS tax return transcripts sounds simple, but unfortunately, the reality is often far more complicated. It’s not uncommon for lenders looking to verify a borrower’s tax returns with the IRS to receive a “no record found” notice. Learn more about the common pitfalls that can stop a loan in its tracks.

With today’s economic uncertainty, lenders seeking to protect their institutions from bad loans turn down small business credit applications at a higher rate than consumer applications. What’s the answer for small business lenders? Read more to find out.

The $80 billion recently allotted to the IRS over the next decade should offer much-needed technological upgrades and improved hiring efforts, allowing for more auditors and customer service professionals. What’s the catch? Read more to find out.

As a lender, do you know what really happens when you file a tax return transcript request with the IRS for one of your borrowers? It’s quite an adventure. Read on to discover how lenders and the IRS deal with the Form 4506-C vs. Form 8821, and to see which one has optimal results.

If you’ve ever embarked on completing the IRS Form 4506-C with a borrower, you’ve probably found yourself wishing there was a faster way to receive tax return transcripts and tax compliance data. We’re here with good news! 

The underwriting process is kind of like assembling a 1,000-piece puzzle. Do you know which single piece of data acts as an essential corner piece, giving you immediate insight into a business’ overall financial health? Read more to find out.

If you’ve ever embarked on completing the IRS Form 4506-C with a borrower, you’ve probably found yourself wishing there was a faster way to receive tax return transcripts and tax compliance data. We’re here with good news! 

Government agencies and large businesses may be returning to somewhat “normal” operations, but many taxpayers — like small to midsize business (SMB) owners — are still financially reeling from the …

Kickstarting the fight against the ever-growing tax gap will be a federal and national effort IRS Commissioner Charles Rettig recently testified before Congress about the state of the tax gap …

The entire credit process is at risk when a borrower’s unexpected or hidden tax debts are found. Learn how to protect your portfolio and help you borrowers in today’s unique economy.

Imagine lending money to a company and not knowing if they have substantial cash flow issues in the form of hidden federal tax debts. Would you be shocked if we told you we see bankers doing this all the time? And it costs them millions.