The federal government passed the Tax Cuts and Jobs Act in 2017 which introduced…
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April 03, 2023IRS Code 1541: What Does it Mean on an IRS Transcript?
The vast amount of codes the IRS uses to refer to actions taken during…
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April 03, 2023IRS Code 2041: What Does the Power of Appointment Mean?
Writing the will is one of the best ways to maintain control over who…
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March 31, 2023IRS Code 290: What does It Mean on IRS Transcript?
All tax returns go through an automatic or manual review after they’re filed and…
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March 31, 2023IRS Code 7702: What does It Mean on IRS Transcript?
Life is hard, and most of us cannot afford not to plan ahead. Fortunately,…
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March 28, 2023The IRS Code 971: What Does it Mean on IRS Transcript?
Tax return processing delays are common as every year, millions of taxpayers receive their…
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March 28, 2023How to Read a Tax Return Transcript?
The IRS processes over 90% of all tax returns it receives during a filing…
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March 28, 2023The IRS Code 806: What Does it Mean on a Tax Account Transcript?
The IRS 806 Code on a tax account transcript simply indicates the amount of…
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March 28, 2023The IRS Code 766: What Does it Mean on IRS Transcript?
Generally speaking, the IRS Code 766 on a tax account transcript is a good…