Following up on our earlier post about potential IRS disruptions, the current government shutdown is now directly impacting processing of 4506-C tax transcript requests. The IRS division that handles wet-signed forms has been furloughed, causing delays for those orders.
What’s Happening
Our Take
Informative Research recommends that lenders currently using wet signatures transition to e-signature processing as soon as possible to avoid delays. IR’s verification platform supports secure e-signature workflows and continues to transmit completed requests to the IRS without interruption. We’ll keep monitoring the situation closely and provide updates once normal processing resumes.