Why doesn’t your CPA pull your IRS transcripts every year? Logan Allec, CPA, responds to a viewer’s question and explains why that alone doesn’t mean your tax preparer is doing something wrong.
He discusses why transcripts matter for tax debt and unfiled returns, why an established CPA may already have the records needed, and why wage and income transcripts and late-filed Schedule K-1s may not tell the whole story. He also explains why Choice Tax Relief still checks transcripts for ongoing clients.
Do you owe the IRS or your state at least $10,000 in back taxes or have multiple years of unfiled returns? Book a free consultation with Choice Tax Relief:
choicetaxrelief.com/free-tax-consultation
Chapters:
0:00 Why hasn’t my CPA pulled my transcript?
0:47 When transcripts matter for tax work
1:13 Why a CPA may already have the records
1:38 Extension payments and transcript timing
2:07 Why Choice Tax Relief still checks
2:40 Late K-1s and missing information
3:10 Free consultati...