Accessing federal tax returns is crucial for evaluating a potential borrower’s creditworthiness. Our experts break down the critical aspects lenders need to know about amended returns to ensure smoother and more accurate loan processing.

The lending landscape is in a state of transformation, and with rising loan defaults, lenders are facing new challenges. Read on to learn about Tax Guard’s insights to help lenders navigate this uncertain lending ecosystem.

Sometimes what’s not revealed by the storyteller is the most important part of a story. Ernest Hemingway, the great American author, made famous what he called the “Iceberg Theory”, also known as …

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.

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.

When small businesses get desperate for cash, the inclination to commit fraud increases. Where can they cut costs? Not with their employees, who would leave if wages were slashed or …

The IRS Wait is Over: Back to Reality  As a result of the pandemic, the IRS intermittently opened and closed throughout 2020, impacting their ability to maintain operations. They struggled to deal with basic business operations, such as opening the mail …

Tax Guard compared payroll tax deposit data for PPP recipients and non-recipients in order to assess how the PPP could impact credit risks. See our infographic to find out what we discovered.