IRS News Updates

IRS, Partners Warn Tax Preparers of Data Theft Risks; Launch New Campaign to Increase Awareness

Leaders from the Internal Revenue Service, state tax agencies and tax preparation community today warned tax preparers that they increasingly are targets of cybercriminals and should take appropriate steps to protect clients from data theft. Read more

Nearly 44,000 Tax Return Preparers Completed the First Voluntary Education Program Offered by the IRS to Prepare for the 2015 Filing Season

The Internal Revenue Service today said nearly 44,000 tax return preparers participated in the Annual Filing Season Program in its first year. Read more

Tax Pros Can Earn CPE Credits at the 2015 IRS Nationwide Tax Forums

The Internal Revenue Service today reminded tax professionals to register for the 2015 IRS Nationwide Tax Forums, which begin this July. Read more

Penalty Relief Related to Incorrect or Delayed Forms 1095-A

This Notice provides penalty relief for taxpayers who received a Form 1095-A, Health Insurance Marketplace Statement, that was delayed or that the taxpayer believes to be incorrect and who timely filed their 2014 income tax return, including extensions. Read more

IRS Warns Tax Preparers to Watch out for New Phishing Scam; Don't Click on Strange Emails or Links Seeking Updated Information

The Internal Revenue Service today warned return preparers and other tax professionals to be on guard against bogus emails making the rounds seeking updated personal or professional information that in reality are phishing schemes. Read more

IRS Launches Directory of Federal Tax Return Preparers; Online Tool Offers New Option to Help Taxpayers

The Internal Revenue Service today announced the launch of a new, online public directory of tax return preparers. This searchable directory on IRS.gov will help taxpayers find a tax professional with credentials and select qualifications to help them prepare their tax returns. Read more

Health Care Law Brings Changes to IRS Tax Forms

This year, there are some changes to tax forms related to the Affordable Care Act. Along with a few new lines on existing forms, there will also be two new forms that will need to be included with some tax returns. Read more

Deadline Nears for Return Preparers to Qualify for New IRS Program

The Internal Revenue Service has begun issuing Records of Completion to tax return preparers who have met the requirements of a new voluntary program designed to help taxpayers determine return preparer qualifications in 2015. Read more

2015 PTIN Renewal Period Underway for Tax Professionals

The Internal Revenue Service today reminded the nation's more than 690,000 federal tax return preparers that they must renew their Preparer Tax Identification Numbers (PTINs) for 2015. Read more

Direct Deposit Limits

In an effort to combat fraud and identity theft, new IRS procedures effective January 2015 will limit the number of refunds electronically deposited into a single financial account or pre-paid debit card to three. Read more

2014 PTIN Renewal Period Underway for Tax Professionals

Update October 31, 2013 - The Internal Revenue Service today reminded the nation's almost 690,000 federal tax return preparers that they must renew their Preparer Tax Identification Numbers (PTINs) for 2014. Read more

IRS Statement on Court Ruling Related to Return Preparers

Update May 16, 2013 - Fee amounts collected for scheduled registered tax return preparer test appointments canceled due to the court ordered injunction are being refunded. Read more

Tax Preparers Must Renew Their PTINs and Those Required to Take the RTRP Test Should Schedule It As Soon As Possible

The Internal Revenue Service today reminded professional tax return preparers to renew their Preparer Tax Identification Numbers (PTINs) if they plan to prepare returns in 2013. Current PTINs expire Dec. 31, 2012.Read more

PTIN Renewal Period Underway for All Tax Professionals; Registered Tax Return Preparer Candidates Urged to Schedule Tests

The Internal Revenue Service today reminded the nation's 730,000 federal tax return preparers that they must renew their Preparer Tax Identification Numbers (PTINs) for 2013. Read more

IRS Moves to Next Phase of Return Preparer Initiative; New Competency Test to Begin

The Internal Revenue Service is moving into the next phase of its effort to improve the tax preparation industry by launching the new Registered Tax Return Preparer competency test. Read more

Prepared Remarks of IRS Commissioner Doug Shulman at the AICPA Fall Meeting in Washington, D.C., on Nov. 8, 2011

It's great to be here with the AICPA. I think it's fair to say that it has been a busy time for all of us in the tax community…and especially the IRS. Read more

IRS Urges Tax Professionals to Prepare Now for New e-File Rules

The Internal Revenue Service today advised tax professionals and tax firms that do not have Electronic Filing Identification Numbers (EFINs) to start the process to obtain EFINs now so they can meet new e-file requirements for 2012. Read more

IRS Issues Proposed Regulations That Would Require Tax Preparers to File Due Diligence Checklist with All EITC Claims Submitted in 2012

The Internal Revenue Service announced today that it is issuing proposed regulations that would require paid tax return preparers, beginning in 2012, to file a due diligence checklist, Form 8867, with any federal return claiming the Earned Income Tax Credit (EITC). Read more

IRS Begins PTIN Renewals for 2012 Filing Season

The Internal Revenue Service today announced that the nation's 738,000 tax return preparers who have Preparer Tax Identification Numbers (PTINs) can now renew their PTINs for the 2012 filing season. Read more

IRS Issues Guidance to Further Implement Return Preparer Oversight

The Internal Revenue Service today provided additional clarification for tax return preparers about when to renew their preparer tax identification numbers (PTINs), how suitability testing will be conducted, and when the continuing education requirement will begin. Read more

IRS Releases Specifications for Registered Tax Return Preparer Test

The Internal Revenue Service today released the specifications for the competency test individuals must pass to become a Registered Tax Return Preparer. Read more

IRS Identifies 100,000 Preparers Who Failed to Follow New PTIN Rules

As part of its new oversight program of the nation's tax return preparation industry, the Internal Revenue Service today announced it will send letters to approximately 100,000 tax return preparers who prepared returns in 2011 but failed to follow new requirements. Read more

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