TaxStatus announced the launch of its Financial Baseline Report – a tool that empowers financial professionals with a comprehensive view of a client’s financial standing with data sourced directly from the IRS.

Designed to revolutionize financial planning, advice, and client onboarding, the Financial Baseline Report eliminates the inefficiencies of traditional data collection required to render advice. With an easy permission-based process, advisors no longer must obtain and upload tax returns. ​“By leveraging a seamless 60-second client consent process, a direct integration with the IRS, and over 100 IRS tax forms and schedules and 200+ tax transcripts, TaxStatus delivers the most comprehensive financial snapshot available in the industry today,” said Kevin Knull, CFP®, CEO of TaxStatus.

Originally published on Business Wire on February 25, 2025. Read full article here.

​VenturEd Solutions, a leading provider of cloud-based admissions, financial aid, student lifecycle, and payment solutions for schools, is proud to announce a significant enhancement to its financial aid product, School and Student Services® (SSS). Through an innovative partnership with TaxStatus, a fintech company revolutionizing financial services with frictionless IRS account monitoring and consent-based access to IRS tax records, SSS will streamline financial aid applications by securely retrieving family and business tax records. This breakthrough eliminates the need for manual completion of IRS forms and document uploads, ensuring faster, more accurate, and secure processing.

With TaxStatus’ advanced IRS integration, SSS provides schools with immediate access to verified financial data while safeguarding families through secure identity verification methods, including ID.me. This enhancement reduces application barriers for families and enables schools to make timely financial aid decisions without relying on manual or outdated methods.

​Originally published on Citybiz on January 23, 2025. Read full article here.