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 ...

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 ...

The last thing many people want to do is take yet another extra step when it comes to doing their taxes. But the option to create an online account with the IRS could well be worth considering, ...

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 ...

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 ...

With taxpayers up against a major processing backlog, the IRS keeps suggesting the same-old information sources, despite their well-documented limitations. A processing backlog at the Internal Revenue ...

The Fraud Prevention Coalition announced the Internal Revenue Service (IRS) has completed the development of a system providing secure electronic return of tax transcripts. The new "Express Service" ...