If you’re like many CPAs, Enrolled Agents, and other tax professionals, trying to grow your practice while juggling client demands and ever-changing IRS regulations can feel like an uphill battle. But what if you knew there was a way to add $50,000 or more to your annual revenue with minimal effort? Enter IRS transcript monitoring, a proactive approach that not only boosts client satisfaction but also creates a reliable stream of passive income. With IRS Advance Notice™ (IAN) from IRS Solutions®, this opportunity is now within reach.
According to the Bureau of Labor Statistics (BLS), the median annual salary for accountants and auditors in 2023 was $79,880. While respectable, this average doesn’t reflect the potential for CPAs and other tax professionals to scale their earnings by leveraging cutting-edge tools like IAN. Whether you’re a solo practitioner or part of a larger firm, an additional $50,000 per year or more is within your reach.
What Is IRS Transcript Monitoring?
IRS transcripts are essentially a roadmap of a taxpayer’s interactions with the Internal Revenue Service. These records detail everything from tax filings and payments to compliance actions like audits, liens, and wage garnishments. Tax professionals use transcript monitoring to review and track these records, enabling them to anticipate issues and respond proactively.
This proactive approach is especially critical now. Armed with an additional $80 billion in funding from the Inflation Reduction Act, the majority of which is being allocated toward enforcement, the IRS is ramping up its efforts. The budget boost will enable the agency to hire tens of thousands of new personnel and upgrade its technology, allowing for quicker audits and more aggressive collection actions. For tax professionals, this means a heightened need for vigilance to protect clients from unnecessary penalties or enforcement measures.
This is where IRS Advance Notice (IAN) shines. As leading industry publication CPA Practice Advisor put it, “IRS Advance Notice (IAN), a revolutionary feature of IRS Solutions Software, is redefining the landscape of tax management.” IAN is more than just tax audit software. It’s a lens into the IRS that alerts you to agency actions months before official notice arrives by mail. Tax professionals who use IAN are always prepared with the insights they need to prepare an effective defense swiftly.
After a case has been successfully resolved, ongoing transcript monitoring remains valuable. By continuing to track IRS activity, tax professionals can ensure compliance and identify potential issues before they escalate, offering peace of mind to clients.
Additionally, IRS transcript monitoring can benefit clients who have never faced IRS problems, helping them maintain a strong compliance record and avoid future disruptions. IAN provides notifications of activity unrelated to tax resolution, including:
- Identity compromise
- False tax return filing
- Personal information theft
- Tax return receipt confirmation
- Payment application
- IRS data accuracy verification
Generate Passive Income with Annual Financial Health Programs
One of the most exciting aspects of IRS transcript monitoring with IAN is the ability to use it for more than IRS tax resolution. IAN will help you create passive income. Tax pros who offer transcript monitoring as part of an annual financial health program generate steady, recurring revenue while delivering immense value to clients.
Realize steady, year-round income by packaging IRS transcript monitoring with other services, such as:
- Quarterly financial reviews to identify risks and opportunities.
- Real-time alerts for IRS compliance deadlines.
- Strategic tax planning to reduce liability.
These programs maintain an ongoing relationship with clients between tax seasons. You’ll help them remain compliant while providing peace of mind that their financial health is continuously monitored.
Consider monthly subscription pricing to monetize this service. Imagine charging $50/month per client for monitoring services. With just 200 clients, you’ll generate $60,000 annually in passive income. Even with a smaller client base, the potential to earn an additional $50,000 or more each year is well within your reach.
Offering innovative services like IAN sets you apart in a crowded market. Tax pro Jason Fredrick explains, “Being able to add on IRS account monitoring, pulling transcripts, and resolution services to our clients gives us an advantage over our competitors.”
Proactive monitoring also fosters loyalty, transforming one-time clients into lifelong customers. Tax resolution specialists who use IAN report up to 40% improved retention rates – and you won’t just keep the clients you already have. By consistently demonstrating value, your reputation will grow. You’ll see your base expand through referrals.
IRS Solutions makes it easy for members to promote your IRS Transcript monitoring services. Every membership includes access to our exclusive IRS marketing toolkit, containing white-label client letters, brochures, and social media posts. Use them to share the news with your existing client base and get the word out to new customers who will benefit from IAN.
IAN is Your Silent Partner in Active Tax Resolution Cases
When dealing with complex tax resolution matters, timing and precision are everything. IRS transcript monitoring with IAN empowers tax professionals to stay ahead of the curve, elevating your practice and driving revenue.
Proactive Alerts to Protect Clients
One of IAN’s most powerful features is its ability to spot and flag potential IRS actions before clients are formally notified. Examples include:
- Audits: Get ahead of audit requests by addressing discrepancies in client filings.
- Wage Garnishments: Intervene before garnishments disrupt a client’s finances.
- Passport Revocations: Help clients retain travel privileges by resolving unpaid tax liabilities early.
This proactive approach not only prevents emergencies but also positions you as a trusted advisor capable of safeguarding your client’s financial well-being.
Efficiency and Time Savings
Tax professionals often spend hours manually monitoring client transcripts for changes. IAN automates this process, saving users an average of 10 hours per week. This means more time for practitioners to focus on strategy, client acquisition, and other revenue-generating activities.
Enhanced Client Satisfaction and Retention
Proactively addressing IRS issues builds trust and loyalty. Clients who feel protected and informed are far more likely to stick with your firm. In fact, firms using IAN report up to a 40% increase in client retention rates.
Revenue Growth Opportunities
The financial benefits of using IAN are undeniable. CPA Practice Advisor reports that top-performing firms see revenue increases exceeding $300,000 annually. Even smaller firms enjoy significant boosts. Emily VanCamp, an Enrolled Agent at Carmona Financial Assistants, notes: “We have had lots of interested people signing up for IAN since we started introducing it. [My boss] thinks we can realistically expect a 20-30% revenue increase by implementing a full-scale IAN plan this year.”
Start Elevating Your Practice with IRS Transcript Monitoring
What would increasing revenue by $50,000 or more mean for you? Adding IRS Advance Notice (IAN) to your practice will:
- Save time and increase efficiency.
- Generate passive income.
- Build lasting client relationships through proactive service.
- Give you a competitive edge in a fast-evolving market.
As CPA Practice Advisor aptly summarizes: “IRS Advance Notice stands at the forefront of accounting technology, embodying innovation, efficiency, and excellence in tax management.”
Don’t wait to start earning more with less effort. Schedule a demo to learn more about IAN and start unlocking your practice’s full potential today.
ABOUT THE AUTHOR

Suzanne Stone
Managing Partner at IRS Solutions | Tax Resolution Specialist| Enthusiastic Community Leader
Suzanne Stone, Managing Partner at IRS Solutions Software, combines 16 years of expertise in tax resolution with a passion for community service. She has been pivotal in developing software solutions that significantly enhance the efficiency and effectiveness of tax professionals. Beyond her corporate achievements, Suzanne is passionately involved in philanthropy, working with organizations like Soroptimist International and Project Delta. Her efforts in these groups are focused on creating meaningful changes in the lives of women and veterans. Suzanne is committed not just to business success but to fostering a supportive professional community.