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My Tax Blog

  • IRS Funding for EITC returns & Clients effected by the Extenders Bill

    The first large IRS funding for the tax season should hit this week, with early filed clients starting to see refunds posting as early as tomorrow evening. We suggest directing taxpayers to the IRS’ “Where’s My Refund” tool on the IRS’ webpage: www.irs.gov for information on their individual refund dispersal. Confirm that you have an […]

    Hub Testing Closed & Upcoming Outages

    -IRS HUB testing officially closed at 5PM Eastern Today. -Returns can still be “e-filed” but no acks will be coming back until Monday   Upcoming Outages: -1/30/18 from 5AM – 9AM TWO will be offline for maintenance = Unavailable. -1/30/18 the EFC will be offline from 10pm – 2AM for maintenance, returns can still be […]

    IRS e-services Secure Authentication – You need to do it!

    If you have not already signed into your e-services account and gone through the Secure Authentication process to add 2-Factor Authentication to your e-services account, you are doing yourself and your tax business a real disservice.  9 out of 10 e-services users can complete this process online and in less than 10 minutes.  To initiate […]

    Government Shutdown Tax Season & E-file Implications

    In light of the government shut down, we would like to share pertinent information regarding IRS efiling and return processing.  It is important to know that you should continue to e-file returns and advise your customers to file as well.  Here are potential impacts to return processing from the IRS: -Guidance on 2017 Tax Act would stop […]

    Tax Season officially begins on January 29th 2018.

    Tax Season officially begins on January 29th 2018, however you may be able to file early if you are participating in hub testing. Hub testing is set to begin approximately on the 22nd or 23rd. Returns will be due on April 17th 2018.

  • IRS Sends Thousands of PTIN Letters to Preparers

    This week the IRS Return Preparer Office is mailing letters to approximately 3,000 return preparers who are preparing tax returns without a valid preparer tax identification number (PTIN). Letter 4731 is being sent to 1,100+ people who are using a legacy PTIN that was obtained prior to September 2010 and has never been renewed in the new […]

    IRS Sets Rules for Disclosing Taxpayer Info Under Health Care Reform

    The IRS has set preliminary rules for disclosing taxpayer tax return information to the insurance exchanges, also called “marketplaces” (not currently set up), to help in determining who is and who is not eligible for the “premium tax credit.”  For taxpayers whose income is relevant in determining eligibility for an insurance affordability program, Medicaid, CHIP, […]

    IRS Delays Retirement of EAR but Still Plans to Shut It Down.

    According to Accounting Today, the IRS will be extending the time before the retirement of the Electronic Account Resolution services on the IRS’s website. The IRS plans to extend the applications for three more weeks. There has been and continues to be much outrage over the shutting down of the system when there are drastic […]

    Free Obamacare Webinar Regarding Individual Mandate

    What is the hottest topic this off season?  ObamaCare!  This Affordable Care Act webinar will go over the latest provisions of the Patient Protection and Affordable Care Act to get your office up to speed for the coming tax season.  Be able to answer the most common questions that your clients will be asking when […]

    IRS to Send PTIN Warning Letters

    The Internal Revenue Service’s Return Preparer Office said it is sending letters to 3,000 tax preparers who failed to use a valid Preparer Tax Identification Number. Letter 4731 is being sent to more than 1,100 people who are using old PTINs that were obtained prior to September 2010 and have never been renewed in the […]


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