Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
This past fall (2022), the IRS published a new version of Form 4506-C, Request for Transcript of Tax Return. This new revised version initially was scheduled to become effective December 1, 2022. However, because the IRS did not publish the final version until November 1, 2022, the required effective date was extended to March 1, 2023 to afford industry adequate time to implement the new form. To make the transition easier, the IRS indicated both versions of the form would be accepted until the March 1, 2023, deadline.
The updated 4506-C is now available on Asurity’s new document generation platform – Propel™ - for any client that wishes to transition to the new form prior to March 1, 2023. All packages ordered after March 1, 2023 will automatically receive the new version.
Should you wish to switch to the updated version of the 4506-C prior to March 1, 2023, please contact Client Support at docs.support@asurity.com.
To read the IRS announcement regarding publication of the updated 4506-C, please visit IRS Announces Final Published Version of Form 4506-C.
To read Asurity’s update which includes more details on the changes made to form 4506-C, please visit IRS Implements New 4506-C Clean Form Requirements.
Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
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