2022 IRS Tax Filings Data
This fall, IRS Tax Data was published based on tax filings from 2022.
The IRS’s annual corporate tax statistics provide a comprehensive look at the financial health of U.S. corporations. For lenders and CPAs, this data is a benchmark for understanding profitability, tax behavior, and industry trends.
These insights include information on:
These statistics help lenders and CPAs validate assumptions about economic conditions, assess risk exposure, and identify sectors that may require closer scrutiny.
However, these statistics and insights are based on 3-year-old historical data.
What if you could draw these insights in real-time?
The IRS’s annual corporate tax statistics provide a comprehensive look at the financial health of U.S. corporations. For lenders and CPAs, this data is a benchmark for understanding profitability, tax behavior, and industry trends.
These insights include information on:
- Corporate Health— Metrics revealing how businesses are performing at scale.
- Industry Size and Benchmarking— Breakdowns by industry and asset size that allow lenders to compare individual borrowers or clients against sector norms, informing risk mitigation measures.
- Tax Compliance and Enforcement Signals— Insights into deductions, credits, and effective tax rates.
- Policy and Forecast Input— These statistics feed government revenue projections and policy decisions, helping lenders anticipate potential regulatory changes.
These statistics help lenders and CPAs validate assumptions about economic conditions, assess risk exposure, and identify sectors that may require closer scrutiny.
However, these statistics and insights are based on 3-year-old historical data.
What if you could draw these insights in real-time?
From Lagged Macro to Live Micro
In addition to the IRS data being delayed, it’s also only providing corporate health information on a broad scale. While valuable, these statistics do nothing to provide borrower-specific insights.
TOD bridges this gap by giving you access to real-time tax data monitoring for every borrower.
This means immediate visibility into income, deductions, and liabilities.
TOD bridges this gap by giving you access to real-time tax data monitoring for every borrower.
This means immediate visibility into income, deductions, and liabilities.
Turn Insights Into Portfolio Impact
Timing is everything.
Traditional tax data from IRS annual reports offer valuable insights, but only provide a historical review of the previous year’s data. Real-time tax monitoring changes the game by giving lenders and CPAs immediate visibility into a borrower’s financial health. This means you can spot early warning signs of stress or identify growth opportunities before they show up in historical data.
Early detection enables proactive risk management.
Instead of reacting to problems after they’ve escalated, lenders can adjust credit exposure or tighten terms as soon as tax signals indicate a shift.
TOD takes this a step further by turning raw tax data into actionable strategies.
With TOD, you can segment borrowers by tax health, prioritize outreach to those showing signs of strain, and identify clients who are well-positioned for expansion.
Traditional tax data from IRS annual reports offer valuable insights, but only provide a historical review of the previous year’s data. Real-time tax monitoring changes the game by giving lenders and CPAs immediate visibility into a borrower’s financial health. This means you can spot early warning signs of stress or identify growth opportunities before they show up in historical data.
Early detection enables proactive risk management.
Instead of reacting to problems after they’ve escalated, lenders can adjust credit exposure or tighten terms as soon as tax signals indicate a shift.
TOD takes this a step further by turning raw tax data into actionable strategies.
With TOD, you can segment borrowers by tax health, prioritize outreach to those showing signs of strain, and identify clients who are well-positioned for expansion.
Stay Ahead of the competition
IRS data shows what happened three years ago.
While everyone else is waiting years to draw insights and conclusions, you can get micro-level insights into what’s happening right now with TOD.
Contact our partnerships team today and take the first step in moving from historical observation to real-time intervention.
While everyone else is waiting years to draw insights and conclusions, you can get micro-level insights into what’s happening right now with TOD.
Contact our partnerships team today and take the first step in moving from historical observation to real-time intervention.
Interested in exploring how TOD could change your lending process?
Contact our partnership team today to learn more!