Comprehensive client financials, straight from the source of truth – the IRS
TaxStatus is the Advice Personalization Engine and IRS Account Monitoring Platform for financial professionals and the clients they serve.
Better data. Better advice. Better outcomes.
Connecting to the IRS is just the start
TaxStatus analyzes over 3,000 datapoints per taxpayer to surface advice opportunities specific to each client for hyper-personalized recommendations. All data delivered digitally without uploads.
Onboard clients & prospects
View personal, trust, & business tax return data
Streamline financial planning
Monitor personal & business IRS accounts
Find forgotten & held-away assets
Identify tax planning opportunities
Optimize outstanding loans
Identify business sales
Official IRS Records
The most complete data from the most accurate source - the IRS
Finally, see what the IRS sees. View and download the most official collection of individual taxpayer and business records available.
- All official income sources
- Retirement & investment accounts
- Mortgage-backed real estate
- Return transcripts from over 45 tax forms and schedules including W2s, 1099s, 1098s, 5498s, K1s, etc
- 10 years of historical and 3 years of future tax records
Client Onboarding
Onboard clients and prospects in under a minute
Requesting records has never been easier for you and your clients. Get the data you need fast, without uploading returns.
- Request records effortlessly with a secure consent link through an email or text message
- Embedded KYC / KYB satisfies known customer compliance
- Invite existing clients in bulk for even greater efficiency
- Branded to your firm for added trust and consistency
Instant Insights
Save an average of 26 hours per client with TaxStatus
Kick endless data entry to the curb. All of your client information. One convenient dashboard. Zero OCR and no uploads required.
Financial Baseline
Step one in any planning process is now your Financial Baseline
You have access to the most official, accurate, and comprehensive source of client financials. Why start from scratch?
- Identify all income sources to enhance plan accuracy
- Eliminate delays in creating a plan due to missing data
- Pre-populate financial plans (coming soon)
Business Financials
Insights that redefine business as usual
Financial tracking for business owners and investors alike. Manage taxes proactively and keep business booming.
- Revenue history, estimated tax payments, quarterly payroll filings, and annual returns
- Unpaid taxes, penalties, and interest accrued
- Pre-packaged finances for M&A – ready to sell when you are
IRS Account Monitoring
Know before it happens - the good, the bad, and the audit
Real-time IRS notifications keep you in-the-know so you can make smarter decisions – before they become critical.
- Identify unpaid taxes, penalties, and interest
- Identify and get ahead of upcoming audits and collections
- Track quarterly payroll filings and estimated payments
- Know the status of your tax return and if the IRS accepted it
Verify and comply in seconds
Experience the most thorough security protocols in the industry with IRS validation, government ID check, facial identification, and more.
Identity Verification
Scare away fraudsters, not your clients
Ensure your clients and prospects are who they say they are with built-in KYC and KYB.
- Verify anyone and any business in under a minute
- Authenticate government IDs and documents
- Protect your clients from impersonators and scammers
KYC / AML Compliance
Due diligence done without one more to-do
Automatically fight fraud and comply with ever-changing KYC / AML regulations.
- Adverse media and global watchlist screenings
- High profile and politically exposed person and company screenings
- Compliant to United States regulators - IRS, FinCEN, and FINRA
Identity Monitoring
Know your client – today and tomorrow
Automatically keep client identity verification records up to date.
- Identify fraud risk changes with watchlist and adverse media monitoring
- Reverify clients on a recurring schedule
- Always have a valid government ID with expiring ID monitoring
Get up and running in 5 minutes
Client Records in Seconds
Save countless hours of administration with fully digitized access to your clients’ financial records.
Real-Time Updates
Automatic record updates keep you in-the-know so you can make proactive decisions every day.
Security at Its Finest
Enterprise-grade, end-to-end AES-256 encryption and SOC 2 Type II compliance ensure data stays between you and your client.
Premium Support
Responsive assistance when you need it. Drop us a line or explore our Help Center.
For Developers
Powerful and easy-to-use APIs
Integrate TaxStatus into your client experience and the tools you and your team already use. Easily request consent, pre-fill financial and tax plans, keep books and records up to date, and monitor account changes. Read our API Documentation and learn how to get started.
