Quick Take: What Is a Tax Transcript and Why Do You Need One? In short, a tax transcript shows basic data and line items such as adjusted gross income, AGI, or other taxable income, as well as FICA ...

You should always keep copies of your tax returns for at least three years. But if you accidentally toss out some of that paperwork too soon, don’t stress; you can request a tax transcript from the ...

It's tax time, you're digging through your records... and your preparer or tax software asks about tax payments you've already made. Um, was I supposed to track those? Lots of small business owners ...

You'd like to buckle down and do your income taxes. Really, you would. But you're missing one key form: last year's federal income tax return. But wait? It will cost you $30 to get an actual copy?

The IRS and its Security Summit partners have achieved much success in combating identity theft (see “Tax Matters: IRS Touts Progress Against Taxpayer Identity Theft,” JofA, Jan. 2018). However, an ...

Tax professionals now face more ID-theft protections when accessing the IRS Centralized Authorization File and Transcript Delivery System. Tax professionals now need to call the Practitioner Priority ...

Clear Start Tax Reveals How Hidden Red Flags in IRS Records Can Trigger Enforcement - and Why Reviewing Your Transcript Is the First Step Toward Resolution IRVINE, CA / ACCESS Newswire / June 13, 2025 ...

The Internal Revenue Service is making some changes in the way it sends tax transcripts for clients to tax professionals to beef up security. "As part of the IRS's effort to continue combatting ...

With identity theft and refund fraud an ongoing concern, the IRS is implementing new security measures for tax professionals, including holds for Centralized Authorization File (CAF) numbers and new ...

Kemberley Washington is a former staff writer at Forbes Advisor and provides consumer-friendly tax tips for individuals and businesses. Her work goes beyond tax articles. She has been instrumental in ...