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IRS Solutions® Announces New Discrepancy Report Feature
IRS Solutions® Announces New Discrepancy Report Feature

Associated Press

time06-05-2025

  • Business
  • Associated Press

IRS Solutions® Announces New Discrepancy Report Feature

- New automated tool helps tax, financial, and legal professionals detect discrepancies in IRS reporting before they trigger IRS audits - VALENCIA, Calif., May 5, 2025 (SEND2PRESS NEWSWIRE) — IRS Solutions®, the trusted name in tax resolution software, announces the launch of its latest innovation, the Discrepancy Report. This cutting-edge feature is designed to simplify the detection of discrepancies between filed tax returns and income data reported to the IRS by third parties. This will empower tax professionals to prevent audits while delivering exceptional service to their clients proactively. Automated Reporting Detects and Prevents Audits The new Discrepancy Report automates the process of identifying mismatches, saving tax practitioners countless hours of manual work. Analyzing filed tax returns against income reported to the IRS, the tool flags discrepancies that could trigger audits, allowing professionals to take corrective action in advance. Available to all IRS Solutions members at no additional charge, this exciting new feature helps identify situations where you may want to proactively file an amended return or discuss a potential issue with your client. Key Features of the Discrepancy Report By thoroughly comparing filed tax returns against the income information reported to the IRS by third parties, the Discrepancy Report triggers tax professionals to work proactively with their clients. By informing your clients of unreported income, you may be able to prevent penalties and interest that could be assessed against them. If the amount overlooked is significant enough, you may also be able to avoid criminal charges. With the new automated Discrepancy Report added to their toolkit, practitioners can enhance client trust, strengthen their advisory role, and establish new ongoing revenue streams through proactive tax compliance services. Founder and CEO David Stone says, 'Previously, CPAs, EAs, and other tax advisors had to review and compare reports manually—or wait until a client's account was flagged for an audit—to catch key discrepancies. Our new Discrepancy Report streamlines this process by automatically identifying potential unreported income early, helping prevent IRS issues, reducing audit risks, and ensuring accurate amendment filings when necessary.' About IRS Solutions Founded in 2011, IRS Solutions is a trusted name in tax resolution software. Designed by tax professionals for financial, legal, and tax practitioners. Family-owned and operated, the company offers a comprehensive suite of tools designed to transform the way professionals work and serve their clients. Managing Partner Suzanne Stone says, 'We're excited to offer our members another powerful tool to support their clients proactively. The new Discrepancy Report is incredibly easy to use, and clients will appreciate the peace of mind it provides, helping them avoid unexpected IRS scrutiny.' Every IRS Solutions member gains full access to all features with a monthly or annual membership. The list includes: Additional details are available at How Can a Tax Pro Learn More? CPAs, Enrolled Agents, and other tax, financial, and legal professionals are invited to visit the IRS Solutions website to schedule a live one-on-one demo to hear about the new Discrepancy Report and learn more about the platform. LOGO link for media: NEWS SOURCE: IRS Solutions Software Keywords: Taxes and Accounting, IRS Solutions Software, tax resolution software, accounting, taxes, CPA, enrolled agent, fintech, VALENCIA, Calif. This press release was issued on behalf of the news source (IRS Solutions Software) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P125960 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.

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