Masking of Business Transcripts and the Customer File Number (CFN)
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Useful Links:How to Get Started Using IVES Electronic Signature e-Services - Online Tools for Tax Professionals (Transcript Delivery System for IVES)
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Inside This Issue1. Masking of Business Transcripts and the Customer File Number (CFN) We are taking additional steps to better protect taxpayer data by implementing a new transcript format for businesses on December 13, 2020. Similar to our individual transcripts, the new transcript for businesses will partially mask the personally identifiable information of everyone listed on the tax return. All financial entries will remain fully visible to assist with tax preparation, tax representation and income verification. In order to assist you with associating the requested information with the correct taxpayer there will be a line (Line 5b) on the transcript request Form where a “Customer File Number”(CFN) can be placed. This is an optional 10-digit number that you provide to us to be placed on your delivered transcripts for tracking purposes.
As of December 13, 2020, the new transcript for businesses will display the following information:
These changes are vital steps in our ongoing efforts to protect taxpayers from identity theft and to maintain progress against these stolen identity refund fraud crimes. Please let us know if we can provide additional information.
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