Tax Transcripts Why They Matter

This video explains what are tax transcripts and provides 6 reasons why they matter. As they are documented "proof" that tax assessments, filings and notices are present, both IRS and taxpayers start and end with these records. Like knowing what is on your credit file, one should be aware of what's on your tax transcripts.
6 reasons why tax transcripts are important:
1. Verify accuracy
2. Pending actions
3. Collection enforcement actions
4. Identity theft
5. Verify tax compliance
6. Detecting audits

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//LINKS
Learn more about Jewell and find information and resources on taxes.
Website: https://www.JewellsTaxConsultingServi...
FaceBook: www.facebook.com/jewellstaxconsulting/

//MAIL
Jewells Tax Consulting Services
718 Thompson Lane, Suite 108
Nashville, TN 37204

//CONTACT
[email protected]

JewellsTax and related parties do not provide tax, financial, legal or accounting advice. This material has been prepared for educational purposes and is not intended to provide, and should not be relied on for, such advice. You should consult your own licensed professional for tax, financial, legal, and accounting advice before engaging in any transaction.

LEGAL DISCLOSURE: I am an enrolled agent and an insurance agent. Once someone engages me for services, and based on individual circumstances and additional information, I am qualified to advise on tax matters. The information on this video is based off rules and IRS guidelines at the time of taping, therefore, they are suggestions.