COMPLIANCE SOLUTION

No. But once you have sent the form to the IRS and the authorization is filed, you can pull transcripts for that  client until the authorization is withdrawn or revoked.

You can get as many years of data as you’re authorized for. We recommend that you pull all years in the range that you have authorization for.

• Account Transcripts can only be pulled for the past 21 years
• Record of Account pulled for the last 5 years
• Tax Return Transcripts pulled for the last 5 years
• Verification of Non-Filling up to the last 5 years
• Wage and Income last 11 years

• Account Transcripts last 21 years
• Record of Account last 5 years
• Tax Return Transcript last 5 years

Yes. But all users that will request transcripts need their own Transcripts license in Canopy and their own ID.me account with the IRS.

The IRS assigns a CAF. You can use our 2848 or 8821 form to fill out and then send to the IRS to get a CAF number.  This blog will walk you through it.

You can get as close as possible to a notification as notifications get regarding notices. When you compare transcript versions, if a newer version of a transcript is different than an older version see the little blue dot. From there, you can compare the two versions and find the difference. This difference can often relate to a notice that may have been sent to your client, but not always.

Yes, after you have made your initial pull for each client. We recommend you pull all authorized years of data on your first pull so that any pull after that grabs all of those years of data. You can also select multiple clients and pull transcripts for all of those clients in bulk.

Yes. We recommend you schedule transcripts to pull at different intervals for your clients. For example, have 20% scheduled to pull on Monday, 20% on Tuesday, and so on. The IRS publishes transcript changes every week. Splitting up the scheduled pulls ensures a higher likelihood of all scheduled pulls completing during the time your token is activated after connecting to the IRS.