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 ...

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 ...

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 ...

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 ...

We’ll abandon asimple tax code. We’ll abandon a tax code that taxes people withequal incomes equally. We’ll abandon all these things over someminor debate over progressivity. But just a couple of ...

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 ...

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 ...

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 ...

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 ...