Extended Period for Receiving Authorization to Disclose Return Information Proposed
The IRS issued a proposed regulation that would officially extend from 60 to 120 days the permitted period for submission of taxpayer authorizations allowing disclosure of returns and return information to third-party designees because some financial institutions have had difficulty obtaining and submitting written authorizations within the current 60-day limit...
Published on July 20, 2011
Final Regs. Permanently Extend Period to Receive Disclosure Authorization
The IRS issued final regulations extending from 60 days to 120 days the permitted period for submission of taxpayer authorizations allowing disclosure of returns and return information to third-party designees
Published on June 30, 2013
U.S. Attorneys Are Authorized to Fight Stolen Identity Refund Fraud
In an effort to better combat crimes involving stolen identities and tax refund fraud, the Justice Department has changed the procedures it uses to handle such cases.
Published on November 30, 2012
Fourth Circuit Upholds Return Preparer Conviction in RAL Wire Fraud Case
The Fourth Circuit has upheld the conviction of a Maryland tax return preparer for preparing false tax returns and for wire fraud, where the preparer used interstate wire communications to secure refund anticipation loans (RALs) for his customers .
Published on January 28, 2011
The Tax Adviser July 2013
Articles Using the First-Time Penalty Abatement Waiver Jim Buttonow Advising Clients Regarding Erroneous Tax Return Positions (Part II) Michael
Published on September 16, 2013
Power of Attorney Limited vs. Full
While checking the third-party designee box on the return is an easy way for a taxpayer to authorize another person to act on his or her behalf, doing so only gives that person limited authority (compared to a traditional power of attorney) to act on the taxpayer’s behalf, and the
Published on March 11, 2011
Obtaining a Power of Attorney Through IRS E-Services
E-services is a suite of internet-based products that allows tax professionals to conduct client business with the IRS 24 hours a day, 7 days a week.
Published on January 28, 2011
Final Regs. Permit Agents to Withhold FUTA for Home Care Service Recipients
The IRS issued final regulations permitting an agent authorized by the IRS under Sec. 3504 to perform certain acts normally required of employers to withhold FUTA taxes owed by home care service recipients.
Published on February 04, 2014
Form 990 Changes Implemented in Final Regs.
The IRS issued final regulations implementing extensive revisions made in 2008 to Form 990.
Published on October 31, 2011
IRS Moves Forward with Preparer Registration Plan
On August 19, the IRS issued proposed regulations that would put into place many of the parts of its plan to register and regulate tax return preparers. This item reviews those proposed regulations and their possible impact on tax professionals.
Published on October 05, 2010