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Important Update about Your e-Services Account

Important Update about Your e-Services Account

Revised Information for e-Services Users 02/06/2017

In an era of increasing cybercrimes, the IRS must strengthen the security around our online tools, including e-Services, to protect taxpayers. Between December 1 and December 16, the IRS mailed Letter 5903 to certain e-Services users who have access to sensitive data and asked them to revalidate their identities within 30 days, either online or…

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IRS Works to Help Taxpayers Affected by ITIN Changes; Renewals Begin in October

IRS Works to Help Taxpayers Affected by ITIN Changes; Renewals Begin in October

IRS Works to Help Taxpayers Affected by ITIN Changes; Renewals Begin in October

The Internal Revenue Service today announced important changes to help taxpayers comply with revisions to the Individual Taxpayer Identification Number (ITIN) program made under a new law. The changes require some taxpayers to renew their ITINs beginning in October.

The new law will mean ITINs that have not been used…

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IRS Works to Help Taxpayers Affected by ITIN Changes; Renewals Begin in October

IRS Works to Help Taxpayers Affected by ITIN Changes; Renewals Begin in October

IRS Works to Help Taxpayers Affected by ITIN Changes; Renewals Begin in October

The Internal Revenue Service today announced important changes to help taxpayers comply with revisions to the Individual Taxpayer Identification Number (ITIN) program made under a new law. The changes require some taxpayers to renew their ITINs beginning in October.

The new law will mean ITINs that have not been used…

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Protect your clients; Protect yourself

Protect your clients; Protect yourself

Increasingly, tax professionals are being targeted by identity thieves. These criminals – many of them sophisticated, organized syndicates – are redoubling their efforts to gather personal data to file fraudulent federal and state income tax returns.

No one entity can fight this crime alone. It takes all of us, working together.

That is why the Security Summit – the unprecedented partnership…

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What You Need to Know if You Get a Letter in the Mail from the IRS

What You Need to Know if You Get a Letter in the Mail from the IRS

What You Need to Know if You Get a Letter in the Mail from the IRS

Each year, the IRS mails millions of notices and letters to taxpayers for a variety of reasons. If you receive correspondence from us:

Don’t panic. You can usually deal with a notice simply by responding to it.

Most IRS notices are about federal tax returns or tax accounts. Each notice has specific instructions, so read your…

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New Federal Tax Law May Affect Some Refunds Filed in Early 2017

New Federal Tax Law May Affect Some Refunds Filed in Early 2017

New Federal Tax Law May Affect Some Refunds Filed in Early 2017 The Internal Revenue Service has announced initial plans for processing tax returns involving the Earned Income Tax Credit and Additional Child Tax Credit during the opening weeks of the 2017 filing season. The IRS is sharing the information now to help the tax community prepare for the 2017 season, and plans are being made for a…

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IRS Warns of Continued Scams, Varied Tactics as the Tax Deadline Nears

IRS Warns of Continued Scams, Varied Tactics as the Tax Deadline Nears

IRS Warns of Continued Scams, Varied Tactics as the Tax Deadline Nears

The Internal Revenue Service today issued a warning that scammers may try using the April 18 tax deadline to prey on hard-working taxpayers by impersonating the IRS and others with fake phone calls and emails. Even after the tax deadline passes, taxpayers should know the telltale signs of a scam and tips to protect themselves…

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Large Business and International Examination Process

Large Business and International Examination Process

Large Business and International Examination Process New Publication 5125 Available

The publication outlines the new Examination Process which provides an issue-based approach for conducting professional examinations from the first contact with the taxpayer through the final stages of issue resolution.  The enhanced process, which includes significant input from the LB&I workforce and was also…

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What You Need to Know if You Get a Letter in the Mail from the IRS

What You Need to Know if You Get a Letter in the Mail from the IRS

What You Need to Know if You Get a Letter in the Mail from the IRS

Each year, the IRS mails millions of notices and letters to taxpayers for a variety of reasons. If you receive correspondence from us:

Don’t panic. You can usually deal with a notice simply by responding to it.

Most IRS notices are about federal tax returns or tax accounts. Each notice has specific instructions, so read your…

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Understanding Tax Return Preparer Credentials and Qualifications

Understanding Tax Return Preparer Credentials and Qualifications

Under standing Tax Return Preparer Credentials and Qualifications

Any tax professional with an IRS Preparer Tax Identification Number (PTIN) is authorized to prepare federal tax returns. However, tax professionals have differing levels of skills, education and expertise.

An important difference in the types of practitioners is “representation rights.” Here is guidance on each credential and…

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Amending Your Tax Return: Ten Tips

Amending Your Tax Return: Ten Tips

Amending Your Tax Return: Ten Tips

You can fix mistakes or omissions on your tax return by filing an amended tax return. If you need to file one, these tips can help.

Must be filed on paper. Use Form 1040X, Amended U.S. Individual Income Tax Return, to correct your tax return. It can’t be e-filed. You can get the form on IRS.gov/forms at any time. See the Form 1040X instructionsfor the address…

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IRS Accepting Applications for Part-Year Low Income Taxpayer Clinic Grants in Identified Underserved Areas Starting March 1

IRS Accepting Applications for Part-Year Low Income Taxpayer Clinic Grants in Identified Underserved Areas Starting March 1

The Internal Revenue Service today announced it will accept applications for a part-year Low Income Taxpayer Clinic (LITC) matching grant from qualified organizations, in certain identified geographic areas, to provide representation to low income taxpayers and education about taxpayer rights and responsibilities to individuals who speak English as a second language.

The supplemental application…

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Tax Time Guide: Many Home-Based Businesses Can Use Simplified Method for Claiming Home Office Deduction; Taxpayers May Deduct up to $1,500 a Year

Tax Time Guide: Many Home-Based Businesses Can Use Simplified Method for Claiming Home Office Deduction; Taxpayers May Deduct up to $1,500 a Year

The Internal Revenue Service today reminded people with home-based businesses filling out their 2015 federal income tax returns that they can choose a simplified method for claiming the deduction for business use of a home.

This is the fourth in a series of 10 IRS tips called the Tax Time Guide. These tips are designed to help taxpayers navigate common tax issues as this year’s April 18 deadline…

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IRS Reminds Tax Return Preparers of Limited Practice Changes and Announces Revised PTIN Fee

IRS Reminds Tax Return Preparers of Limited Practice Changes and Announces Revised PTIN Fee

The Internal Revenue Service today reminded non-credentialed tax return preparers of major upcoming changes regarding which tax return preparers can represent clients in matters before the IRS beginning in 2016, and take action by Dec. 31, 2015, to avoid being affected.

The IRS also announced that federal tax return preparers will soon pay less for a preparer tax identification number (PTIN).

Las…

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IRS Wraps Up the "Dirty Dozen" List of Tax Scams for 2016

IRS Wraps Up the “Dirty Dozen” List of Tax Scams for 2016

The Internal Revenue Service today wrapped up its annual “Dirty Dozen” list of tax scams with identity theft topping this year’s list but with phone scams and phishing schemes also deserving special mention. Taxpayers need to guard against any ploys to steal their personal information, scam them out of money or talk them into engaging in questionable behavior with their taxes.

During the past…

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Understanding Tax Return Preparer Credentials and Qualifications

Understanding Tax Return Preparer Credentials and Qualifications

Any tax professional with an IRS Preparer Tax Identification Number (PTIN) is authorized to prepare federal tax returns. However, tax professionals have differing levels of skills, education and expertise.

An important difference in the types of practitioners is “representation rights.” Here is guidance on each credential and qualification:

UNLIMITED REPRESENTATION RIGHTS: Enrolled agents,…

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Don’t Fall for New Tax Scam Tricks by IRS Posers

Don’t Fall for New Tax Scam Tricks by IRS Posers

Though the tax season is over, tax scammers work year-round. The IRS advises you to stay alert to protect yourself against new ways criminals pose as the IRS to trick you out of your money or personal information. These scams first tried to sting older Americans, newly arrived immigrants and those who speak English as a second language. The crooks have expanded their net, and now try to swindle…

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