The tax season that’s due to open when the Internal Revenue Service begins accepting tax returns next Monday is promising to bring a host of challenges. Tax professionals are largely ready to forge ...
The Internal Revenue Service’s Office of Professional Responsibility has released guidance under Circular 230 regarding power of attorney for tax practitioners who are employed by large corporations.
E-services is a suite of Internet-based products that allows tax professionals to conduct client business with the IRS 24 hours a day, 7 days a week. Compared with mailing or faxing a Form 2848, Power ...
On Tuesday, the IRS’s Office of Professional Responsibility (OPR) issued a bulletin clarifying when corporate officers or employees must have a valid power of attorney in order to represent the ...
Circular 230 (Regulations Governing Practice before the Internal Revenue Service) governs those that are authorized to practice in front of the IRS: Attorneys, CPAs and Enrolled Agents. Practicing in ...
It’s finally here! The Internal Revenue Service (IRS) has rolled out a new online option that will help tax professionals submit certain authorization forms electronically. To date, the new option ...
Under the updated guidance, if an LLC is treated as a partnership, the person authorized to sign a POA submitted to the IRS on its behalf depends upon whether the tax item at issue is determined at ...
Taxpayers who run into dead ends dealing with the IRS have an option few know about. It’s free, and it can be effective. After receiving answers from the IRS they think are wrong or no answer at all, ...