Tax Information for Tax Professionals | |||
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2009 Filing Season Key Messages IR-2009-2, Jan. 6, 2009 — The IRS begins the 2009 tax filing season with steps to help financially distressed taxpayers. Recovery Rebate Information Center Lean more about the recovery rebate credit - a one-time benefit for people who didn't receive the full economic stimulus payment last year. Highlights of 2008 Tax Law Changes FS-2009-1, January 2009 — Notable tax law changes for individuals. Disaster Relief Resource Center for Tax Professionals Visit this resource center to learn how to re-establish your business after a natural disaster. |
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Low Volume Forms Unavailable to EROs January 16, 2009 Seven forms affecting less than 25,000 e-filed returns are unavailable until late February. Changes to Lockbox Addresses Could Affect the Clients You Serve The IRS lockbox payment addresses are changing for both individual and business taxpayers affecting five states for individual taxpayers and 23 states for business taxpayers. Section 7216 Updated Rules for Tax Preparers (Updated 12/18/2008) New regulations under Internal Revenue Code Section 7216, Disclosure or Use of Tax Information by Preparers of Returns, become effective January 1, 2009. EITC Due Diligence Compliance Program Each year IRS examiners visit tax professionals to verify their compliance with the Due Diligence Requirements. Servicewide Key Messages for Tax Professionals Quarterly messages for the tax professional community, including publications and educational products. Tax Practitioner Video and Audio Presentations These short presentations are dedicated to helping the tax practitioner. Circular No. 230 (Rev. 4-2008) Regulations Governing the Practice of Attorneys, Certified Public Accountants, Enrolled Agents, Enrolled Actuaries, Enrolled Retirement Plan Agents, and Appraisers before the Internal Revenue Service FAQs Related to Tax Return Preparer Penalty Notices Section 8246 of the Small Business and Work Opportunity Tax Act of 2007 amends several provisions of the Code to extend the application of the income tax preparer penalties to all tax return preparers. Section 6694 addresses tax return preparer penalty provisions. Nationwide Tax Forum Information The IRS Nationwide Tax Forums provide a great opportunity for tax professionals to learn the latest on tax administration and earn up to 18 CPE credits. Over 40 seminars and workshops make the Forums the first source of information for thousands of tax professionals. View presentations from the 2008 Forums today! Campus Compliance Services – A Dialogue with Practitioners This video addresses questions from tax professionals on topics such as Power of Attorney, Automated Underreporter, Correspondence Audit, Centralized Offer-in-Compromise and Practitioner Priority Service. IRSAC and IRPAC General Information General Information on the Internal Revenue Service Advisory Council and the Information Reporting Program Advisory Committee. Authorized IRS e-file Providers Now Provide Own Proof of Status IRS will not mail Annual Mass Acceptance (welcome back) letters for the 2008 filing season. e-services - Online Tools for Tax Professionals Tax professionals and payers can now use the e-services suite of web-based products to do business with the IRS electronically. These services are available 24 hours a day, 7 days a week from just about any computer with an internet connection. New products are now available, including the on-line e-file application. Form 990 Instructions and Background Documents Major revision of annual return that most tax-exempt organizations must file; revised form must be filed starting with tax year 2008 (returns filed in 2009). Tax Talk Today Tax Talk Today is “the tax show for the tax pro.” The free, live Internet program features industry tax professionals and top IRS representatives in lively discussions and answering e-mail questions from viewers. The show includes late-breaking news from the IRS, making Tax Talk Today a ‘you heard it here first’ source of news about IRS initiatives, rules and decisions. The Tax Gap This page provides information on the tax gap and efforts to reduce it as outlined in news releases, statistics and technical fact sheets. International Tax Gap Do you have clients who are U.S. citizens or residents who live and work abroad? Are some of your clients non-residents who have come to the U.S. to work, invest, or trade? The International Tax Gap Fact Sheets will provide information on items of interest for you. Director’s Directive on Announcement 2008-18, FET Compliance Initiative This Directive provides guidance to examiners auditing taxpayers participating in the voluntary compliance initiative (Announcement 2008-18) regarding foreign insurance excise tax (FET) under IRC 4371- 4374. |
Page Last Reviewed or Updated: January 08, 2009