The IRS announced that it finished updating its processing systems and is now accepting all returns that include the 29 delayed forms.
IRS Practice & Procedure
The Complexities of Calculating the Accuracy-Related Penalty
Calculating the accuracy-related penalty can quickly become a complex and sometimes daunting task that requires careful consideration and insight.
IRS Proposes Rules for Truncating Taxpayer Identification Numbers
The IRS issued proposed regulations that permit filers of information returns to use truncated taxpayer identification numbers when issuing payee statements in the Form 1099, 1098, and 5498 series.
IRS Regulation of Tax Return Preparers Struck Down
A U.S. district court ruled that the IRS’s registered tax return preparer program exceeds its statutory authority and enjoined it from enforcing the regulations.
Acting Commissioner Outlines IRS Plans for Sequestration
Acting IRS Commissioner Steven Miller sent a memo to all IRS employees outlining the agency’s plans in the event sequestration occurs as planned on Friday.
Stockpiled Delayed Returns to Be Accepted on Sunday, Online Filing to Start Next Week
The IRS announced that it will begin accepting from e-file transmitters stockpiled returns containing the 29 forms for which acceptance was delayed beginning on Sunday, March 3, at 7 a.m. ET.
IRS Appeals Decision Striking Down Tax Return Preparer Registration Program
The IRS filed an appeal of the decision that struck down the IRS’s registered tax return preparer program and enjoined it from enforcing the regulations.
AICPA Raises Concerns About Delayed, Compressed Tax Season
The AICPA sent a letter to the IRS raising concerns about the “very compressed and difficult filing season” AICPA members and their clients are facing, due to the ongoing delays in the IRS’s acceptance of certain tax forms.
IRS Issues Annual Whistleblower Report to Congress
The IRS issued its annual report on the whistleblower program, reporting the program’s results for FY 2012.
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).
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.
Court Upholds Injunction; IRS Reopens PTIN System
The IRS announced that has reopened its PTIN system for new applications and renewals.
2013 Filing Season ITIN Procedures Issued
The IRS issued slightly easier procedures for ITINs for the 2013 filing season.
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.
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.
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.
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
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.
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.
IRS Corrects 2013 Tax Tables
The IRS announced corrections to two of the 2013 tax tables it issued on Jan. 11.
TAX PRACTICE MANAGEMENT
2025 tax software survey
AICPA members in tax practice assess how their return preparation software performed during tax season and offer insights into their procedures.
