Day: June 13, 2024

  • Understanding IRS Transcripts: What They Are and How to Use Them

    Understanding IRS Transcripts: What They Are and How to Use Them

    HOAs file tax returns as mandated by the Internal Revenue Service (IRS). Once this process is complete, an official record of the tax return information is issued. An IRS transcript is an official record of your tax return information provided by the IRS. The HOA tax return information verifies income for a mortgage application or…