IRS Tax Transcripts
Tax Return Transcripts
Access official tax records (e.g., 1040s, 1120s, 1065s) for accurate client tax insights and precise advice.
Record of Account Transcripts
Combined Tax Return and Account Transcripts, vital for SBA lending, providing a comprehensive financial history for loan assessments and planning.
Wage and Income Transcripts
Gather detailed records of official IRS income sources like W-2s, 1099s, K-1s, for strategic financial planning and precise tax reporting.
Account Transcripts
Explore detailed financial activity - filings, extensions, withholdings, credits, penalties, assessments, history, and future plans - enabling tailored guidance based on individual financial context.
Frequently asked questions
How can I use the IRS Financial Summary Transcript to guide my clients' financial decisions?
With this transcript, you can analyze reported income sources, check IRS account standings, review historical tax filing activity, and assess collection balances and activities—equipping you to offer precise financial guidance.
What's the data span when I request transcripts?
With just a few simple clicks, you can access all the authorized years of data you need. We advise retrieving data within the authorized range to ensure comprehensive insights.
Is it possible to automate transcript retrieval?
Absolutely. We suggest scheduling automated pulls every Friday to align with the IRS's publication of changes or additions.
Can the Automated Transcripts Feature aid in loan applications and financial planning?
Absolutely. The Record of Account Transcripts provide a comprehensive overview that's invaluable for loan applications, such as SBA lending, offering a well-rounded understanding of your clients' financial histories.
What advantage do Wage and Income Transcripts offer me?
Wage and Income Transcripts provide a thorough record of IRS-reported income, including W-2s, 1099s, K-1s, and more. This level of detail empowers you to conduct meticulous income analyses and facilitate strategic financial planning.