Getting Your EFIN (Electronic Filing Identification Number)
The e-services portal has undergone many large changes over the last couple of years, but the application process is very similar…once you get in. Go to IRS.gov and click on “Tax Pros” in the top right. Then click on “Access E-Services” and scroll down to “E-File Provider Services.” Finally, click on “Access e-file Application.” One […]
Tax Deadlines Monday 9/17 2018
EFTPS users: Payments must be scheduled by 8 PM ET at least one calendar day before the tax due date. Individuals: Pay the third installment of your 2018 estimated tax – Use Form 1040-ES. Corporations: Deposit the third installment of your 2018 estimated tax. Electing Large Partnerships: File Form 1065-B if you timely requested a […]
ITINs Expiring in 2018
Many individual tax identification numbers will expire at the end of 2018 unless renewed. Those not used on a return in any of the last three years expire on Dec. 31. Also expiring at year-end are ITINs with middle digits of 73, 74, 75, 76, 77, 81 or 82. Affected individuals may renew their ITINs […]
Federal Direct Tax Services Closed For Labor Day
Federal Direct will be closed on Monday, September 3rd in honor of labor day. The office will reopen on Tuesday, September 4th at 9 am.
Bill to Regulate Preparers Proposed- RTRP May Come Back
After the IRS created the Registered Tax Return Preparer program based on licensing of tax preparers they were sued. In court, and in appeal, they were not found to have statutory authority to regulate unenrolled preparers. Senator Rob Portman has introduced a new bill that would grant the IRS the authority that they need to […]
IRS Appeals Ruling In Tax Preparer Lawsuit Against RTRP
The IRS is appealing the district court’s ruling in Loving vs. IRS. Three independent tax preparers and a rally of libertarian lawyers sued the IRS for imposing regulations on tax preparers saying that the IRS doesn’t have statutory authority to do so. The IRS is appealing the ruling and oral arguments for the case are […]
IRS Could Review Previously Processed ITINs for Fraud Patterns
According to Accounting Today, the IRS and TIGTA have almost made up. Not entirely, but TIGTA is letting the IRS move back into the house (personification- no actual move took place). While the IRS is only, at this point, satisfying 7 of 9 measures that TIGTA wants to see, the Service plans to really work […]
IRS Closed Tomorrow. Call Today or Wait Until Monday!
The Internal Revenue Service today reminded taxpayers that, due to the current budget situation including the sequester, the agency will be shut down on Friday, June 14. As was the case on May 24, the first furlough day, all IRS operations will again be closed on June 14. This means that all IRS offices, including […]
Liberty’s John Hewitt, “Grandfather of Tax Industry”, Stands Trial for Racketeering, Fraud
The “Grandfather” of the tax industry to stand trial for a number of illegal acts. Apparently, birthing an industry requires one to pretend that the protective laws governing and regulating our large corporations does not apply to them. In this case, we certainly have a “pattern of racketeering activity” which only requires two acts within […]
Unbanked: Prediction of Challenges To Come Regarding PPACA
With the impending enforcement of the Patient Protection and Affordable Care Act, research groups all over are attempting to find loop holes to provisions, cracked logic, anything to cause a stir and potentially create fear. There are concerns about those who do not have bank accounts, or, as the research groups have labelled them, the […]