As we work together on your financial planning and wealth management needs, it’s important for me to have accurate financial information to feed into the plan and create balanced portfolios. A key source of that data is annual tax returns.
I understand that it can be a hassle to find older returns, or to scan in paper copies to be uploaded into our secure portal that keeps all of your important information safe. Thus, I’m happy to let you know that I’m working with a solution that does all of that work on your behalf.
TaxStatus allows you to grant me permission to receive all of the information on your personal, trust, and business returns for the past several years, as well as three years go-forward. No more scanning PDFs for upload; instead, the data is seamlessly fed into our secure system and provides me with everything I need to effectively plan for your goals.
There’s another benefit for you—IRS account monitoring, that enables me to let you know when the IRS places notifications on your account (your filing is com-plate, you owe x in taxes, you’ll be receiving x refund on x date))—no more long wait times to get answers. It all comes through automatically.
Is it secure? Yes. TaxStatus is the only firm that integrates directly with the IRS through ID.me to access this information with your consent — that is key. The request must come through you, so you can be sure you have full transparency.
