IRS tax forums stress simplicity.In a continuing effort to make preparing business and individual tax returns easier and less costly, the Internal Revenue Service will present a tax forum and exhibition on September September: see month. 19-20 in Salt Lake City. One session will describe the IRS's plans to change the way it processes taxpayer returns. Over the next seven years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. expects to receive more information electronically and will reduce the number of its return-processing centers from 10 to 5. These sites will receive, control and process paper returns and resolve errors that do not require taxpayer contact. New conference sessions will describe the proposed Wage Simplification Project, cosponsored by the IRS, the Social Security Administration and the Department of Labor. The project would allow employers to file one set of employee information (for tax, unemployment and Social Security purposes) at a central location, which then would pass the data along, as needed as needed prn. See prn order. , to other government agencies. The IRS's new Corporate Tax Program will be discussed at another session, which will cover developments such as its joint planning process with large corporate taxpayers. There also will be an overview of the earned income tax credit The United States federal Earned Income Tax Credit (EITC) is a refundable tax credit that reduces or eliminates the taxes that low-income married working people pay (such as payroll taxes) and also frequently operates as a wage subsidy for low-income workers. payment option. In past years, the focus of IRS tax forums was on electronic filing. This year, that topic still will be covered, but other sessions will address alternatives to electronic filing. TeleFile TeleFile was the U.S. Internal Revenue Service's automated voice-response system in place from 1992 through 2005. The initial 1992 test involved 125,983 returns from Ohio residents. In 1997 TeleFile for employment taxes was introduced. , for example, allows taxpayers to file returns by telephone; all they have to do is respond to a menu of choices. Currently, this service is limited to taxpayers filing 1040EZ forms. Another option to be featured is IRS form 1040PC, which is used with tax preparation software; with this option, only lines that have entries are printed on the form that is submitted. "This year we've broadened the scope to show how the IRS is changing the way it does business," said Peggy Peggy may refer to:
All seminars will be given by IRS personnel. The conference also will feature exhibits by vendors of computer software and taxrelated services. To register, call the IRS 1994 Nationwide Tax Forum at (301) 773-1881. |
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