The Truth About the IRS and E-Signatures
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.
The latest industry news, IRS changes, commercial lending trends, and Tax Guard updates.
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.
The IRS Form 8821, Tax Information Authorization, is an important tool for many lenders and their tax due diligence process. But misconceptions about Form 8821 can cost a lender a …
Most factors have heard of the 45-Day Rule, but the intricacies and complexity involved can certainly make it confusing. Given that there are a lot of aspects of the rule …
There are those who believe that if a tree falls in the woods, and no one is there to hear it, it doesn’t make a sound. Among them, potentially, is …
This is the second post in a three-part series on what lenders need to understand about IRS levies to foresee risks and mitigate exposure. Be sure to stay tuned for …
This is the first post in a three-part series on what lenders need to understand about IRS levies to foresee risks and mitigate exposure. Stay tuned for the next two …
IRS has some reliable calendar resources for commercial lenders and all businesses to plug into at any time of the year. With the dizzying array of timelines for return and …
As proud members of the National Association of Government Guaranteed Lenders (NAGGL), Heather Love, VP of Business Development, and James Heitert, Account Executive, are excited to be exhibiting at the …
The Internal Revenue Service today issued a fraud alert for international financial institutions complying with the Foreign Account Tax Compliance Act (FATCA). Scam artists posing as the IRS have fraudulently …
The tax filing season is well underway for 2014, which means it’s time for the IRS’ annual release of their “Dirty Dozen” tax scams. This list is a collection of …
In a previous blog post we looked at the Notice of Federal Tax Lien as a historical artifact. But we might also say that it is an endangered species. According …
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