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Tax Pro News and Events
Subscribe to e-News for Tax Professionals for weekly information for tax professionals.
Resources for Tax Preparers:
- IRS Fights Fraud with New Direct Deposit Limits
IRS plans electronic refund limits into a single account or pre-paid debit card to help fight identity theft and to stop certain preparers who improperly claim fees.
- Some Suspended or Disbarred Tax Practitioners Are Now Permitted to Obtain a PTIN and Prepare Tax Returns
The Internal Revenue Service announced that some suspended or disbarred tax professionals are now permitted to obtain or renew preparer tax identification numbers (PTIN) and may prepare federal tax returns for compensation as a result of a recent court decision.
- New! Annual Filing Season Program
This new program aims to recognize the efforts of non-credentialed return preparers who aspire to a higher level of professionalism. Meet the requirements by obtaining 18 hours of continuing education, including a six hour federal tax law refresher course with test, and you will receive an Annual Filing Season Program – Record of Completion from the IRS.
- IRS to Waive Forms 5498, 1098-T and 1099-G Penalties for the Initial Year of Introduction
Taxpayers and/or their representatives who have questions should contact the IRS per the notice instructions.
- Disaster Relief Resource Center for Tax Professionals
Visit this resource center to learn how to re-establish your business after a natural disaster.
- Deceased Taxpayers – Probate, Filing Estate and Individual Returns, Paying Taxes Due
Information to help you resolve the final tax issues of a deceased taxpayer and their estate.
- Standard Mileage Rates
A summary of the optional standard mileage rates to be used in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes.
Why Pay Taxes? The Truth About Frivolous Tax Arguments responds to some of the more common frivolous "legal" arguments made by individuals and groups who oppose compliance with the federal tax laws.
- 2013 IRSAC Report Made Available at Public Meeting
The Internal Revenue Service Advisory Council (IRSAC) released its 2013 annual report. The IRSAC report includes recommendations on a wide range of tax administration issues.
- 2013 Information Reporting Program Advisory Committee (IRPAC) Public Report
The Information Reporting Program Advisory Committee (IRPAC) released its 2013 Report, which includes recommendations pertaining to the Patient Protection and Affordable Care Act, Foreign Account Tax Compliance Act, Cost Basis Reporting, Payment Card Reporting on Form 1099-K and other tax administration issues.
- Most Tax Return Preparers Must Use IRS e-file
As of January 1, 2012, any tax return preparer who anticipates preparing and filing 11 or more Forms 1040, 1040A, 1040EZ and 1041 during a calendar year must use IRS e-file.
- Interactive Tax Assistant (ITA)
The Interactive Tax Assistant (ITA) is a new resource that provides consistent answers to a limited number of tax law questions using a probe and response process. The ITA will guide you to accurate answers that are not readily addressed through simple Frequently Asked Questions (FAQs).
- IRS Civil Penalties Virtual Mailbox
A resource for IRS External Stakeholders (tax professionals) to provide their suggestions and/or comments regarding improving administration of civil penalties.
- Foreign Account Tax Compliance Act
FATCA will increase information reporting by foreign financial institutions, non-financial foreign entities, and certain U.S. persons holding financial assets outside the United States.
- Offshore Voluntary Disclosure Initiative: Passive Foreign Income Company Investment Computations
Offshore Voluntary Disclosure Initiative: Passive Foreign Income Company Investment Computations
- Section 7216 Information Center
Find information about Section 7216 including FAQs and revenue rulings.
- Valuation of Assets
Job Aid for IRS Valuation Professionals to assist in reviewing or developing business valuations.
- Collection Procedures for Taxpayers Filing and/or Paying Late
Links to helpful information for taxpayers who cannot file or pay by the due date.
- IRS Advancing E-file Study Key Messages
IRS Advancing E-file Study Key Messages
- The American Recovery and Reinvestment Act of 2009: Information Center
Update on the new economic stimulus legislation.
- Real Time Tax Initiative
Learn about the Real Time Tax initiative that will focus on improving the taxpayer experience and improve overall tax compliance.
Electronic Payment Options
Electronic payment options are convenient, safe and secure methods for paying taxes. If there is a balance due, you can e-file the return and payment authorization in a single step
Online Payment Agreement The Online Payment Agreement (OPA) allows eligible individuals to apply for an installment agreement to pay off their tax liability. To qualify, you must have your bill from the IRS and have filed all required tax returns. You must owe less than $50,000 and be able to pay the entire liability within 60 months. To use this application you must have filed a Power of Attorney for all taxes that are unpaid and have a copy of the taxpayer’s bill from the IRS.
IRS Nationwide Tax Forums: Earn CPE credits at Tax Forums throughout the U.S.
Nationwide Tax Forums Online: The NTFO site provides courses based on taped seminars from previous IRS Nationwide Tax Forums. NTFO courses may be taken for either CPE credit or audit.
Practitioner Local Liaison Meetings and Seminars: The IRS Small Business/Self-Employed Stakeholder Liaison Office offers periodic local liaison meetings and seminars for the tax professional community.
IRPAC and IRSAC General Information: Information on the Information Reporting Program Advisory Committee and the Internal Revenue Service Advisory Council .
Tax Practitioner Institute Classes: The Small Business and Self-Employed division of the Internal Revenue Service is pleased to announce the dates and locations of the Tax Practitioner Institutes.
Page Last Reviewed or Updated: 22-Sep-2014