The Internal Revenue Service has begun accepting electronic signatures on requests for tax transcripts.

The IRS began accepting e-signatures Monday on Form 4506-T, the Request for Transcript of Tax Return. The move is expected to expedite processing of important IRS forms for commerce, including tax transcripts for income verification which will help accelerate business for banks, credit unions, mortgage brokers, credit card companies and other lending institutions. DocuSign will make it easier, faster and more convenient for citizens and businesses alike to secure loans.

Electronic signature technology provider DocuSign pilot tested the software in a proof of concept for the IRS. The San Francisco-based company said it met all of the IRS requirements, including secure authentication, consumer consent, a separate audit trail and tamper-proof technology: DocuSign offers Single Sign On, knowledge-based and multi-factor authentication options to ensure the right person signs the right document every time. DocuSign also ensures consumers consent to doing business electronically with the Federal government via a one-page consent form presented to the signer after authentication and prior to signing. Every DocuSigned document includes a separate certificate of completion and legally binding audit trail with detail on who signed, when and where. Documents are encrypted on the DocuSign network to prevent tampering and ensure validity.

By implementing eSignatures, the IRS joins state and local government organizations like the State of North Carolina for travel reimbursement approvals and California’s Butte County District Attorney's Office for expediting search warrants.

DocuSign helps government organizations—and businesses working with government organizations—accelerate transactions, reduce waste and costs, and create a better experience for citizens, vendors, suppliers and employees.

For more information, visit www.docusign.com.