ModernTax

Tax data in minutes, not weeks. Instant verification API + AI-powered tax resolution.

[ModernTax @ModernTaxio]

This is the exact problem ModernTax was built for — real-time tax data without waiting on IRS processing.

Full breakdown: https://t.co/GLyk1NIboI

[ModernTax @ModernTaxio]

The IRS just lost 17,000 employees.

For lenders, that's not just a headline — it's a pipeline problem.

Here's what it means for tax verification and loan timelines:

[ModernTax @ModernTaxio]

The GAO dropped the receipts.

IRS workforce is down ~25%. That capacity runs straight through every 4506-C request your team submits.

Fewer agents = longer queues = more deals stuck at the transcript stage.

[ModernTax @ModernTaxio]

https://t.co/zsgmhcsWct

[ModernTax @ModernTaxio]

Prediction 3: Overall volume will climb.

2025 full year: 78,078 approvals, $37.3B 2026 YTD (2.5 months): 23,690 approvals, $12.8B 2026 annualized: ~113,700 approvals (+46%), ~$61.6B (+65%)

Growth isn't concentrated in one segment. Smaller AND larger loans are trending up.

[ModernTax @ModernTaxio]

Prediction 1: SBA loan sizes will increase.
The push to double the manufacturing loan limit from $5M to $10M isn't rhetorical. SBA Administrator Loeffler called it "rocket fuel" for defense, transportation, and pharma.

Signal to watch: Senate passage of the limit increase.

[ModernTax @ModernTaxio]

https://t.co/nTSSUf7Mzi

[ModernTax @ModernTaxio]

SBA loan volume in 2026 is tracking 65% above 2025's full year.

Approvals are up 46%.

We published 3 predictions we are willing to timestamp — and revisit publicly at end of Q2.

Here's the data. 🧵

[ModernTax @ModernTaxio]

"No record found" is not an answer.

It's an admission that your vendor doesn't know why the failure occurred.

Top 504 lenders don't accept this anymore.

[ModernTax @ModernTaxio]

https://t.co/aGgB1GJFtB

[ModernTax @ModernTaxio]

Fun fact: The IRS processes 1.4B transcript requests/year through tax pro channels.

Through the commercial lender channel? 5M.

That's why your transcripts take 10 days.

#SBA #Lenders

[ModernTax @ModernTaxio]

How Top 504 Lenders Cut Transcript Delays by 75% https://t.co/Y8uz5NDMrb

#SBA #504loan

[ModernTax @ModernTaxio]

SBA fiscal year ends in 4 days 🚨

Our SBA lenders are working around the clock to close loans ahead of the deadline.

If you’re still waiting on tax transcripts, you’re not closing those loans before deadline.

We’re processing same-day through September 30.

775.

[ModernTax @ModernTaxio]

The $100,000 Question Every SBA Lender Should Ask Their Tax Vendor https://t.co/TLplbtyAga

[ModernTax @ModernTaxio]

@hamandcheese any new data on this storyline?

[ModernTax @ModernTaxio]

@Schornack what's driving this from your POV?

[ModernTax @ModernTaxio]

@SBAloansguy Interesting, are you open to chat about all things SBA on a podcast with our founder?

[ModernTax @ModernTaxio]

SMBs get denied credit for many reasons. We provide IRS data in less than 24 hours to make sure that is not a reason.

RBF lenders using our API see 3x faster underwriting and 50% better pricing.

Happy to onboard Centerstone SBA Lending and their team of underwriters.

[ModernTax @ModernTaxio]

@waltrcox ✅

[ModernTax @ModernTaxio]

Intuit going all-out attack mode on tax professionals.

https://t.co/9AyCrg9obx