Transcript Codes show what actions are being performed on your tax file. Savvy filers know that they can pull their tax ...

An IRS cycle code is an 8-digit code on your IRS tax transcript that indicates the day your return was posted to the IRS Master File. Understanding this number can help you determine when your tax ...

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 ...

Taxes can be confusing, but they don’t have to be. With a slew of numbers, acronyms and deadlines, it can be challenging to figure out how to interpret your returns. Let’s start with transaction codes ...

Compare tax relief providers that match your needs. Find Tax Experts Reduce your tax burden now You likely keep a copy of your tax return in a file for safekeeping. But if you don’t, or if your saved ...

Whether you’re filing a simple or complicated tax return, it’s critical to make sure it’s accurate and complete, experts say. You can use IRS transcripts to double-check your tax forms, review past ...

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 ...

With two decades of experience as a respected journalist and communications leader in the mortgage field, Deborah Kearns is passionate about helping consumers make smart homeownership and personal ...

The Internal Revenue Service (IRS) continues to take steps forward in efforts to protect taxpayer data. Two years ago, the IRS moved to provide more privacy for individual taxpayers; now, beginning on ...