The Tax Professionals Blog
IRS Plans to Address Tax Preparer Complainants Faster
Posted by Lee Reams Sr. on
The Internal Revenue Service intends to process complaints against tax preparers from their clients in a more timely way, in response to a new government report that found it had begun work on only about half the complaints it received since October 2012.
FedEx Drivers in California Held to be Employees
Posted by Lee Reams Sr. on
Here we go again, conflicting rulings. The Court of Appeals for the Ninth Circuit, reversing a district court, has held that FedEx drivers in California are employees, not independent contractors, in an action brought by them under the California Labor Code for employment expenses and unpaid wages.
California Franchise Tax Board (FTB) Sends ‘Head of Household’ Audit Letters
Posted by Lee Reams Sr. on
The Franchise Tax Board (FTB) announced mailing more than 90,000 audit letters to taxpayers to verify their “Head of Household” (HOH) filing status on their 2013 state tax return.
New Power of Attorney Form (Form 2848)
Posted by Lee Reams II on
Notable changes to Form 2848 include:
1. No electronic filing – The form can no longer be electronically filed.
2. PTIN Required – Un-enrolled preparers must include a valid PTIN.
Read more on the blog...
Everything You Need to Know About the New IRS Voluntary Preparer Program!
Posted by Lee Reams Sr. on
One BIG Reason Why You Should Participate - Failure to participate in the program will impede an unenrolled preparer’s ability to represent the returns he or she has prepared before the IRS. Beginning in 2016, an unenrolled preparer must have a “Record of Completion” for the year in which the return was prepared AND the year of the audit to represent a return he or she has prepared. So if an unenrolled preparer does not participate every year, he or she will no longer be able to represent returns he or she has prepared before the IRS. This could have a profound impact on a tax practice.