IRS Practice & Procedure

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February 8, 2013

Depreciation and Education Credit Forms Can Soon Be Filed with the IRS

The IRS announced on Friday that it will soon be able to accept tax returns that include Form 4562, Depreciation and Amortization, and/or Form 8863, Education Credits (IR-2013-18).

February 6, 2013

IRS Postpones Effective Date of New Procedures for Consents to Disclose

The IRS Rev. delayed the date that taxpayer consents to disclose and consents to use tax return information must contain the mandatory language recently issued in Rev. Proc. 2013-14.

February 2, 2013

Court Upholds Injunction; IRS Reopens PTIN System

The IRS announced that has reopened its PTIN system for new applications and renewals.

February 1, 2013

2013 Filing Season ITIN Procedures Issued

The IRS issued slightly easier procedures for ITINs for the 2013 filing season.

February 1, 2013

Effective Date Amended for Temporary Repair Regulations

The IRS issued technical amendments to address the effective date for the temporary regulations that apply to amounts paid to acquire, produce, or improve tangible property.

January 28, 2013

IRS Further Delays Acceptance of Returns Claiming Form 8863 Education Credits

The IRS announced a further delay in processing returns that contain Form 8863, Education Credits, which must be filed by people claiming the American opportunity and the lifetime learning tax credits.

January 25, 2013

Proposed Regs. Would Govern Employment Tax Liability of Third-Party Agents

The IRS released proposed regulations that would govern the liability for employment taxes when an employer designates an agent under a “service agreement” to pay its employees and to satisfy all employment tax obligations.

January 24, 2013

IRS Files Motion to Suspend Injunction in Return Preparer Regulation Case

The IRS filed a motion in federal court to suspend an injunction that forbids it from continuing with its registered tax return preparer program, pending appeal of the case

January 21, 2013

Federal Court Strikes Down IRS Tax Return Preparer Registration Program

A federal district court struck down the IRS’s registered tax return preparer program and enjoined it from enforcing the regulations.

January 18, 2013

IRS Provides Penalty Relief for Farmers Hit by Delayed Start of Tax Season

The IRS announced that it will provide estimated tax penalty relief for farmers and fishermen who are not able to file and pay their 2012 taxes by the March 1 deadline due to the delayed start for filing tax returns.

January 15, 2013

IRS Corrects 2013 Tax Tables

The IRS announced corrections to two of the 2013 tax tables it issued on Jan. 11.

January 11, 2013

Tax Tables, Other Inflation Adjustments, Issued for 2013

The IRS issued inflation-adjusted items for 2013 as well as the new income tax rate tables now in effect as a result of the American Taxpayer Relief Act.

January 8, 2013

Start of Tax Season Delayed Until Jan. 30; Later for Some Taxpayers

The IRS announced that it plans to open the 2013 filing season and begin processing many individual income tax returns on Jan. 30

January 4, 2013

IRS Issues Withholding Tables for American Taxpayer Relief Act

The IRS issued newly revised percentage withholding tables to implement the rates that will be in effect this year now that the American Taxpayer Relief Act has been enacted.

January 3, 2013

To Fight Identity Theft, IRS Proposes Rules for Truncating Identifying Numbers

Proposed regulations permit filers of information returns to use truncated taxpayer identification numbers (TTINs) when issuing certain payee statements.

January 1, 2013

IRS Makes Tax Exempt/Government Entities Fast Track Settlement Program Permanent

The IRS announced it is making the Tax Exempt and Government Entities Division Fast Track Settlement (TE/GE FTS) program permanent.

January 1, 2013

IRS Announces Abatements of Frivolous Filing Penalty

Taxpayers who have filed all required tax returns and paid all outstanding tax liabilities, including penalties (except for the Sec. 6702 penalty) and related interest, may qualify for a one-time reduction to $500 of any unpaid penalties that the IRS has assessed (Rev. Proc. 2012-43).

January 1, 2013