Tax Information for Tax Professionals | |
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 Regulations require all paid tax return preparers to obtain a PTIN. Preparers must renew their PTIN each year by December 31. Some preparers will also soon need to pass a competency test and take continuing education courses. IRS Letters and Visits to Return Preparers - 2012 Filing Season During the 2012 tax filing season, the Internal Revenue Service continues its efforts to ensure paid tax return preparers are assisting clients appropriately. Many Tax Return Preparers Must Use IRS e-file Beginning in 2011 New rules apply beginning January 1, 2011, requiring many federal tax return preparers to use IRS e-file. 2011 IRSAC Report Made Available at Public Meeting The Internal Revenue Service Advisory Council (IRSAC) released its 2011 Report, that includes recommendations on a wide range of tax administration issues. 2011 Information Reporting Program Advisory Committee (IRPAC) Public Report The Information Reporting Program Advisory Committee (IRPAC) released its 2011 Report, which includes recommendations pertaining to the Foreign Account Tax Compliance Act, merchant card and third-party payments and other tax administration issues. IRS Live IRS Live is for the tax pro in the know. A live webinar, IRS Live is a panel discussion among IRS experts and industry professionals aimed at educating tax professionals on the most current and complex tax issues affecting them and their clients. IRS Training and Communication Tools for Tax Professionals Follow IRS on Twitter, attend a Tax Forum, and watch tax videos - learn about it here! IRS Video Portal The IRS Video portal contains presentations dedicated to helping the tax practitioner. Disaster Relief Resource Center for Tax Professionals Visit this resource center to learn how to re-establish your business after a natural disaster. Third Party Reporting Information Center Learn about information reporting requirements for merchant payment cards, cost basis reporting on securities sales and government payments. Valuation of Assets Job Aid for IRS Valuation Professionals to assist in reviewing or developing business valuations. Foreign Account Tax Compliance Act (FATCA) FATCA will increase information reporting by foreign financial institutions, non-financial foreign entities, and certain U.S. persons holding financial assets outside the United States. Offshore Voluntary Disclosure Initiative: Passive Foreign Income Company Investment Computations Offshore Voluntary Disclosure Initiative: Passive Foreign Income Company Investment Computations Collection Procedures for Taxpayers Filing and/or Paying Late Links to helpful information for taxpayers who cannot file or pay by the due date. IRS Civil Penalties Virtual Mailbox A resource for IRS External Stakeholders (tax professionals) to provide their suggestions and/or comments regarding improving administration of civil penalties. IRS Nationwide Tax Forum Information Attend the IRS Nationwide Tax Forums to learn the latest in tax administration, mingle with industry partners, and earn CPE credits. Adoption Credit Information for Tax Professionals Receive the newly-expanded adoption credit faster by including required documentation, such as an adoption order or decree, with the return. IRS Nationwide Tax Forums Online The NTFO site provides courses based on taped seminars from previous IRS Nationwide Tax Forums. NTFO courses may be taken for either CPE credit or audit. IRS Advancing E-file Study Key Messages IRS Advancing E-file Study Key Messages Small Business Jobs Act of 2010 Tax Provisions New Small Business Jobs Act provisions are designed to encourage investment and provide access to capital for businesses. Make a Complaint Against a Tax Return Preparer Use this site to find out how to file a complaint against a tax preparer. Circular No. 230 (Rev. 8-2011) Regulations Governing the Practice of Attorneys, Certified Public Accountants, Enrolled Agents, Enrolled Actuaries, Enrolled Retirement Plan Agents, and Appraisers before the Internal Revenue Service Section 7216 Information Center Find information about Section 7216 including FAQs and revenue rulings. IRSAC and IRPAC General Information General Information on the Internal Revenue Service Advisory Council and the Information Reporting Program Advisory Committee. 2011 IRS Software Developers Conference The Software Developers Conference is an excellent opportunity to interact and discuss with the software community the Service’s plans for current and future electronic programs and services for individual taxpayers, small and large businesses and tax practitioners. Registration is now open! The American Recovery and Reinvestment Act of 2009: Information Center Update on the new economic stimulus legislation. Interactive Tax Assistant (ITA) The Interactive Tax Assistant (ITA) is a new resource that provides consistent answers to a limited number of tax law questions using a probe and response process. The ITA will guide you to accurate answers that are not readily addressed through simple Frequently Asked Questions (FAQs). Fraudulent email posing as the IRS 'Office of Professional Responsibility' Phishing email risk; message claims to be from the IRS OPR. |
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Page Last Reviewed or Updated: January 27, 2012