PTIN System Open and Free
Today, the IRS re-opened the PTIN System and is again issuing PTINs. Since the IRS is enjoined from charging a fee, it will issue the PTINs at no cost to the preparer. If you currently have a PTIN, you can now log into your account to make changes and view CPE information as normal.
ITIN Renewal Confirmation Information
IRS ITIN Operation info regarding ITIN Renewal Confirmation with relation to e-filing your 2016 returns in early 2017. Q. Will the IRS be sending out ITIN renewal confirmation letters after renewal? If so, what is the time frame for when a taxpayer should expect to receive one? A. IRS will issue Notices to taxpayers renewing […]
e-file deadline close approaching!
Be aware that the IRS annual e-file shutdown for rolling their systems over to the next year’s tax calculations is coming next week, November 30th. The IRS will not accept returns electronically from this date on until they turn back on for filing in mid January 2017. The IRS’ goal is to always accept 3 […]
IRS User Fees to Increase
Overdue tax installment payments are about to become more expensive. The service is proposing a stiff IRS user fee hike to go into effect on Jan. 1 2017. The charge for new installment plans will be $225… a $105 jump from today’s cost. The outlay for direct debit installment agreements will more than double to […]
IRS ITIN policy changes released 8/4/2016
ITINs issued before 2013 will expire 12/31/2016. Renewal process will open October 1st, 2016. To identify if an ITIN was issued prior to 2013, the first individuals in this group are ITINs with 78 or 79 as the middle digits. ITINs that have not been used on a US tax return for the past […]