PointServ Offers Instant 4506-C Tax Transcripts via New IRS API
BURLINGAME, Calif., March 7, 2023 (Newswire.com) - PointServ announced today that the company now offers INSTANT IRS Tax Transcripts returned directly from the IRS Income Verification Express Service (IVES). Unlike traditional 4506-C workflows, the new process does not require any forms or signatures. Instead, borrowers complete a simple step on the IRS website to securely authorize transcript delivery.
"We're thrilled to go live with this new capability and offer it to our clients so quickly," said Matt Ellis, PointServ's SVP of Operations. "That's right, the traditional 4506-C form and delayed processing times are no more with this new integration between PointServ and the IRS. Instead of waiting up to several days or longer for income verification, the tax transcripts are returned INSTANTLY using this new method."
PointServ has been a pioneer in the Income Verification space and an approved participant of IVES for over a decade. Being at the forefront of instant verification, the company has developed a unique, best-in-class, consumer-permissioned access platform. By leveraging its foundational expertise and existing solutions, PointServ is well-positioned to immediately implement and take advantage of the new IRS API. As a result, INSTANT IRS Tax Transcripts is now live and available to the company clients.
To replace the tedious traditional Form 4506-C process and take advantage of this new offering, interested companies should contact PointServ immediately to learn more. "We look forward to revolutionizing income verification with you," finished Matt Ellis.
Founded in 2008 and headquartered in Silicon Valley, PointServ provides access to source data across the complete set of consumer financial documents needed by mortgage lenders and banks. PointServ improves the ecosystem of consumer finance in the U.S. by creating a better consumer experience, improving operational efficiency, and eliminating fraud.