IMRS Hot Issues
IRS Warns of Pervasive Telephone Scam and Scams Relating to Relief of Typhoon Victims
IRS is warning the public about a phone scam that targets people across the nation, including recent immigrants. Callers claiming to be from the IRS tell intended victims they owe taxes and must pay using a pre-paid debit card or wire transfer (see IRS Special Edition Tax Tip 2013-13). The Internal Revenue Service also issued a consumer alert (IR-2013-90) about possible scams taking place in the wake of Typhoon Haiyan. On Nov. 8, 2013, Typhoon Haiyan — known as Yolanda in the Philippines — made landfall in the central Philippines, bringing strong winds and heavy rains that have resulted in flooding, landslides, and widespread damage. Following major disasters, it is common for scam artists to impersonate charities to get money or private information from well-intentioned taxpayers.
Seminars from the 2013 Forums Now Available at IRS Nationwide Tax Forums Online
The IRS reminds tax professionals that they can earn continuing professional education credits online through seminars filmed at the 2013 IRS Nationwide Tax Forums. The 14 self-study seminars are now available at IRStaxforumsonline.com. Self study seminars provide information to students using interactive videos, PowerPoint slides and transcripts.
Preparers Suspected of Filing Inaccurate EITC Claims Receive Warning Letters
During November and December, the IRS will send letters to preparers suspected of filing inaccurate EITC claims. The letters detail the critical issues identified on the returns, explain the consequences of filing inaccurate claims for EITC and advise preparers that IRS will continue monitoring the types of EITC claims they file. Filing inaccurate EITC claims may result in penalty assessment, revocation of IRS e-file privileges and other consequences including barring preparers from tax return preparation. IRS also plans to conduct visits to some tax preparers to provide education and outreach on meeting EITC Due Diligence requirements.
Remember to Renew Your PTIN and Update Your IRS e-file Application
In IR-2013-85, the Internal Revenue Service reminds the nation’s almost 690,000 federal tax return preparers that they must renew their Preparer Tax Identification Numbers (PTINs) for 2014. All current PTINs will expire on Dec. 31, 2013. Anyone who, for compensation, prepares or helps prepare any federal return or claim for refund must have a valid PTIN from the IRS. The PTIN must be used as the identifying number on returns prepared.
Authorized IRS e-file Providers should ensure that the IRS has current information by reviewing and updating their IRS e-file Applications. Providers may review their IRS e-file Application information electronically via e-services