The Internal Revenue Service has issued a new form that will make it easier to order tax transcripts and help process mortgage modification applications.

As the 2025 tax season unfolds, the IRS has introduced several updates to the Form 1040, the cornerstone of tax filing for most Americans.

Form 709 reports asset transfers subject to the federal gift tax or generation-skipping transfer taxes. “Ripcord technology was purpose-built to deliver on the needs of the Pilot IRS Program.