Monday, July 28, 2014

Tax Returns Are Not Sacred

Today, lenders insist that borrowers sign IRS Form 4506, entitled ‘Request for Copy of Tax Return’. In my opinion, this is the most objectionable documents required at settlement. By signing this form, you are giving a blank check to the holder of the document to have complete access to your Federal Income tax return(s). It is a virtual invitation to pry into what you thought are your private tax returns.



Tax Returns Are Not Sacred

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