Tag Archives: IRS Payment

IRS Reminds Paid Tax Preparers to Register Now for PTINs

WASHINGTON — As year end approaches, the Internal Revenue Service today strongly encouraged paid tax return preparers to register now for their new or renewed Preparer Tax Identification Numbers (PTINs) to avoid any last-minute rush.

Starting Jan. 1, 2011, use of the PTIN will be mandatory on all federal tax returns and claims for refund prepared by a paid tax preparer. Individuals who, for compensation, prepare all or substantially all of any federal tax return or claim for refund must use PTINs. Paid preparers must apply for a new or renewed PTIN through the new sign-up system at www.irs.gov/taxpros. Continue reading →

IRS Expands Use of Twitter to Help Taxpayers, Tax Professionals

WASHINGTON — The Internal Revenue Service announced the availability of expanded Twitter feeds to share timely information with taxpayers and the tax professional community.

The IRS Twitter news feed, @IRSnews, provides the latest federal tax news and information for taxpayers. The focus of the IRS Twitter messages will be on easy-to-use information, including tax tips, tax law changes and important IRS programs such as e-file, the earned income tax credit and “Where’s My Refund.” Anyone with a Twitter account can follow @IRSnews by going tohttp://twitter.com/IRSnews. Continue reading →

Inside this Issue of Outreach Corner

The December Outreach Corner includes the following articles.

  1. Didn’t get your 2009 Refund? It may be waiting for you.
  2. Student Loans– Applying for a student loan is now easier.
  3. Tax Planning – Make taxes easier; start planning today!
  4. Adoption Credit – Tax credit of up to $13,170 for adopting a child
  5. Join the Plan–  Invest in your retirement.
  6. Year-end Check-up – for individual retirement account owners
  7. Making Work Pay Creditis still working for taxpayers.

Continue reading →

Starting in 2011, Many Paid Preparers Must e-File Federal Income Tax Returns for Individuals, Estates and Trusts

WASHINGTON — The Internal Revenue Service today detailed how, starting Jan. 1, 2011, paid tax return preparers can comply with a new law that requires paid tax return preparers who meet the definition of “specified tax return preparer” under the new law to electronically file (e-file) federal income tax returns that they prepare and file for individuals, trusts and estates.

The e-file requirement will be phased in over two years. Continue reading →