IRS Notice 2022-36 waives late filing penalties for 2019 and 2020 returns filed late but on or before Sept. 30, 2022. Applies to income tax returns: 1040, 1040NR 1041 1065, 1120, 1120S 990 PF And more Does not apply to estimated tax, underpayments, preparer penalties If late filing […]
Deadline Reminder: -9/15: 1065 Partnership returns on extension, -1102S S corp returns on extension -3rd Qtr. Estimated payments -10/15: Individual 1040 returns on extension
One component of becoming an e-file provider is getting fingerprinted for a background check. This has traditionally been completed with paper fingerprint cards which were mailed to the IRS and matched to the applicant’s application. However, as of September 25th the IRS will be implementing a new electronic fingerprinting process which will require an applicant […]
The corporate offices of Federal Direct Tax Services will be closed on Friday, 5/27/2022 through Monday, 5/30/2022 in observation of Memorial Day. The office will reopen on Tuesday, May 31st, 2022 at 9 am eastern time.
The IRS is currently in works to migrate all of the following e-services products and applications to an online portal serviced by ID.me (an IRS trusted technology provider): • Affordable Care Act (ACA) for Transmitter Control Code (TCC) • Application Program Interface (API) Client ID Application • e-File Application • Information Returns (IR) for TCC […]
EPS Last day to apply 10/15/18 Last day to print in office 10/31/18 Checks go stale 10/31/18 TPG & PSCOM Last day to apply 10/20/18 Last day to print in office 10/31/18 Checks go stale 11/30/18
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 […]
The IRS has released some very helpful videos with tips on how to maintain, monitor, and protect your EFIN.
With the passing of the Tax Cuts & Jobs Act, many tax laws will be changing. The tax law changes will not be represented on the Enrolled Agent Special Enrollment Exams until next year. If you can find the time and motivation to complete your Enrolled Agent exams between May 1, 2018 — February 28, […]
Following today’s system issues, the IRS is providing taxpayers an additional day to file and pay their taxes. Individuals and businesses with a filing or payment due date of April 17 will now have until midnight on Wednesday, April 18. Taxpayers do not need to do anything to receive this extra time. Throughout the system […]