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 ...

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 ...

An IRS transcript is an administrative record of the actions that have taken place in an individual’s tax history. While they are notorious for being complex, they can be incredibly helpful in the ...

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 ...

You'd like to buckle down and do your income taxes. Really, you would. But you're missing one key form: last year's federal income tax return. But wait? It will cost you $30 to get an actual copy?

It's tax time, you're digging through your records... and your preparer or tax software asks about tax payments you've already made. Um, was I supposed to track those? Lots of small business owners ...

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 ...