UPDATED: The US tax filing deadline has moved to July 15, 2020.

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 …

On July 1, 2019, The Taxpayer First Act of 2019 was signed into law, which aims to broadly redesign the Internal Revenue Service. Many lenders are potentially affected by the …

Risk management is at the core of banking, but what does the rise of big data do to the practice of credit risk management of lenders? At Tax Guard, we …

Synthetic identity fraud is one of the most significant and problematic threats facing commercial lenders today. According to the U.S. Federal Trade Commission, it’s the fastest-growing and hardest-to-detect form of identity theft. …

As the U.S. economy prepares to enter the 10th year of the current economic expansion, memories of the Great Recession are fading. Buoyed by stable interest rates, small and medium-sized …

The saying “knowledge is power” is not wasted on credit risk professionals. For the most successful non-bank alternative lenders, the wellspring of knowledge is rooted in their data  – but …

Lenders frequently ask about the differences between a limited liability company’s (LLC’s) tax consequences and its exposure to liability. The question usually takes the following form: “I have a client …

To wrap up our blog series on commercial lending fraud, we’ve invited one of our clients, Kimberly Winters, VP, Underwriting at Triumph Business Capital, to participate in a Q&A session …

In our previous post, “The Art and Science of Sniffing out Fraud”, we discussed the distinction between those business loan applicants that are committing large-scale, criminal fraud and those that …

Art and science are both skills that a commercial lending underwriter takes to work every day. With responsibility for reducing lender risk and exposure, they are on the frontlines verifying …

In our previous posts on the 45-Day Rule, we touched on what you need to understand about the 45-Day rule itself and walked through a typical funding scenario where the …