Universal Tax Service’s income verification process provides an efficient and cost effective means to verify an individual's income from the IRS with Form 4506-T. For more information on our services, call us (352) 483-1779 to speak to one of our Income Verification Specialist Today!

Benefits:

• Produces tax transcripts in as little as 24 hours to 48 hours
• Works with the Internal Revenue Service (IRS) on a daily basis to verify the accuracy of income data provided by the borrower
• Works with the Social Security Administration (SSA) on a daily basis to verify the accuracy of identity data provided by the borrower
• Eliminates careless mistakes that result in IRS rejections and applicants with less than accurate financial information
• Allows lenders to expedite the underwriting process
• Decreases loan processing time and increases efficiency
• Detects potential fraud and reduces the risk of repurchase demands
• Generates email confirmations when faxed documents are received and results are posted
• Free online or by phone business customer support

Reports:

• W-2 - Employer reported financial data
• 1040 - For personal tax transcripts
• 1099 - Payments made to an individual or company for services provided
• 1065, 1120, 1120S - For corporate and business tax transcripts
• K-1 – Business partnership reported financial information
• SSA - Verification of Individuals Social Security Number and Full Name
• OFAC - Office Of Forgien Assets Control