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Lend Academy Article: Congress is Trying to Get the IRS to Modernize
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Lend Academy Article: Congress is Trying to Get the IRS to Modernize

Lend Academy Article: Congress is Trying to Get the IRS to Modernize

Fintech Nexus Staff·
FintechNews RoundupUSA
·Oct. 5, 2017·1 min read

A new bill has been introduced in Congress that would mandate the IRS to make their data available via API; the current process for lenders requires borrowers to fill out a form known as IRS 4506-T: Request for Transcript of Tax Return; Lend Academy provides additional information on the bill with thoughts from Congressman McHenry and Nat Hoopes, Executive Director of the Marketplace Lending Association. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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