Q: How long does it take to obtain tax transcripts?

A: Historically if you fax/upload your request to us by noon, you’ll receive your transcript within 24 hours. Due to recent IRS taxpayer verification requirements, the processing time can take up to 48 hours. Holidays may also add an extra day.

Q: 4506-T Deluxe includes a grade & score.  What exactly is a Tax Return Score?

A: We assign a letter grade and numerical score to your tax return.  Further, we evaluate nearly every line item on a tax return by utilizing a series of algorithms based on statistics we compiled from 145 million tax returns resulting in an indicator of an individual's financial strength beyond a credit score.  Scoring is completed by subtracting points based on tax deviations from IRS averages to arrive at an overall grade and score.

Q: Would it really cost $500 to hire a CPA to provide the same analysis contained in a 4506-T Deluxe Report?

A: Absolutely.  We provide you with a premium report that includes 37 diagnostic tests of Federal Individual Tax Returns. The majority of tax professionals are experts in the preparation of tax returns but not in the art of dissecting tax returns.  Our tax scoring model took over 4 years to develop and is based on 20+ years of forensic analysis of tax returns.  We invested thousands of hours in developing and testing algorithms that are relied upon to measure tax deviations and successfully alert lenders of unusual activity.

Q: What tax forms/information can I request using a 4506-T?

A: You can request the following transcripts:

• 1040: Provides line by line information of Individual Tax Returns
• 1065: Provides line by line information of a Partnership Tax Return
• 1120: Provides line item information on C-Corporations
• 1120S: Provides line item information on S Corporation.  S corporations result in the income passing through to individuals and will be shown on 1040 tax return.
• W–2: Provides summary of gross wages, taxes withheld and deferred deductions.
• W-2G: Gambling income is reflected on this form.  Winnings of $1,200 or more from a bingo game or slot machine and for winnings of $1,500 or more from a keno game.
• 1099: Payments made in the course of trade. Provides information on sources of income.
• 1099-B: Provides broker sales information regarding stock, bonds, commodities & contracts
• 1099-C: Provides information from financial institutions, credit unions and federal agencies
• 1099-DIV: Provides payment information on dividends, capital gains or non-taxable distributions   
• 1099-G: Provides payment information from government units.
• 1099-H: Provides advance health payment information
• 1099-INT: Provides payment information for each person of $10 or more from interest
• 1099-MISC: Provides payment information for rents or services in a trade or business over $600
• 1099-R: Provides payment information of $10 or more from retirement or profit sharing
• 1099-S: Provides information on a sales or exchange of real estate

Q: How long is a signed 4506-T valid?

A: Signatures on IRS form 4506-T are good for 120 days.

Q: What types of accounts do you offer?

A: We offer both single usage and monthly usage accounts.  For single usage your credit card will be billed each time you use our service.  If you sign up for a monthly account you will be billed at the end of each month. Payment will be due by 15th.   To obtain an account you need to complete an application and provide a valid credit card.  We accept Master Card, Visa, American Express, Discover and debit cards.

Q: What is the range of your letter grades and scores?

A: The system ranges from a high of A+ to a low of U.  (See below)

	Grade	Explanation
	A- to A+ (90-100) B- to B+ (80-89) C- to C+ (70-79) D- to D+ (60-69) U ( < 60)	Excellent Good Average Poor Unsatisfactory

 
Q: What additional information does a Tax Return Score provide versus a credit score?

A: We alert you of monthly liquidity, excess tax ratios, poor performing businesses, high risk investment activity, sale of company assets, exit from workforce, unusual deductions and significant tax delinquencies. The TRS report also evaluates the potential that the return was never filed with the Internal Revenue Service.

Q: What communication and database security do you employ?

A: We utilize communication encryption using Secured Socket Layer. The site requires a browser that is capable of 128bits SSL. A verifiable security certificate from GoDaddy is used to enable SSL. The raw database files are encrypted by proprietary Microsoft encryption. Sensitive data fields within the data base are additionally encrypted. We are currently using an extremely strong combination of Triple DES, BlowFish and MD5 in conjunction with a Time-Variation algorithm. Application DLLs and executables are digitally signed to protect against tampering.

Q: How you receive the tax transcript and 4506-T Deluxe report?

A: We will notify you by email when the transcript is ready for pickup.  You will visit our website and login with your user-id and password.  You will then download the tax transcript using the Transcript Delivery Inbox available from the main menu.

Q: Can I order a transcript for the year just ended?

A: Yes, but the IRS may not have the information loaded into their system until April of the following year.  Therefore, if you order earlier you may find out the return isn't yet available.

Q: How do I place an order?

A: Once you have signed up for an account we will provide you with a user-id and password and you can begin processing returns immediately.  After you login, from the main menu click "Online Transcript Request".

Q: What do we receive when we order a tax transcript?

A: You will receive the following:

• IRS Tax Transcripts
• Transcript Summary
• Tax Return Grade & Score
• Monthly Cash Flow Analysis
• Summary of Individual Tax Returns
• Deluxe 4506-T Deluxe Report  (if ordered)

Q: Do you have a customer support staff?

A: Yes.  If you are having problems please call our help desk at (480) 752-0000.  A technical support person or a sales staff member will be happy to assist you.