IMRS Hot Issues
Important Information Concerning the Affordable Care Act
- Recent Guidance:
- Notice 2015-30, Penalty Relief Related To Incorrect Or Delayed Forms 1095-A
- Information on IRS.gov
- IRS Publication 974, Premium Tax Credit, was revised in March and provides additional instructions for taxpayers in special situations who purchased 2014 health care coverage from the Health Insurance Marketplace. This publication is available on IRS.gov.
- Find Answers to Your Questions about Incorrect Forms 1095-A
- The Affordable Care Act What's Trending Web page offers news on trending topics and answers to questions we are hearing.
For more information about the Affordable Care Act and filing your 2014 income tax return visit IRS.gov/aca.
IRS Updates Allowable Living Expense Standards for 2015
Use the Allowable Living Expense Standards to reduce subjectivity in determining what a taxpayer may claim as basic living expenses necessary to avoid undue hardship when the taxpayer must delay full payment of a delinquent tax. The standard allowances provide consistency and fairness in collection determinations by incorporating average expenditures for basic necessities for citizens in similar geographic areas.
More information on the ALE standards and the collection process is available at Collection Financial Standards and Collection Procedures for Taxpayers Filing or Paying Late.
Inappropriate referrals to the IRS e-help Desk are causing longer hold times
Each year, the e-help Desk receives phone calls from taxpayers because their tax preparer referred them for assistance resolving rejected returns, tax law and tax account matters. This increases the taxpayer’s burden and causes lengthier delays for everyone. The e-help desk cannot help these callers and must direct them to other sources for assistance – typically IRS.gov including Publication 5136, IRS Services Guide.
The EPSS e-help Desk is intended specifically to assist tax professionals (Enrolled Agents, Reporting Agents, Electronic Return Originators, Certified Public Accountants, etc.) with non-account related questions and issues concerning e-products. They do not provide support to individual taxpayers experiencing e-filing issues.
Taxpayers Receiving Identity Verification Letter Should Use IDVerify.irs.gov
The Internal Revenue Service reminds taxpayers who receive requests from the IRS to verify their identities that the Identity Verification Service website, idverify.irs.gov, offers the fastest, easiest way to complete the task.
Only those taxpayers receiving Letter 5071C should access idverify.irs.gov.
New IRS publication highlights tax payment options
The IRS offers many convenient ways your clients can pay their taxes. The new Publication 5034 - Need to make a tax payment? flyer outlines the options, including IRS Direct Pay and the Online Payment Agreement tool. It is available in English and Spanish.
Avoid Long Lines and Hold Times, Use Online Tools for Tax Help
The IRS expects long lines at some of the largest Taxpayers Assistance Centers across the country and long hold times on the phone. Take advantage of numerous online tools for fast, easy service.