Practitioner authorization.Starting with the 2001 filing season, the IRS's new "Checkbox Initiative" (Initiative) will allow paid preparers, with their Clients' permission, to work directly with the IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. to resolve return processing issues. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. IR-2000-23, taxpayers can identify through a checkbox on all series of Form 1040 returns (except Telefile), an individual paid preparer to serve as a designee des·ig·nee n. A person who has been designated. to resolve processing-related matters. In the past, practitioners (i.e., CPAs, attorneys and enrolled agents An Enrolled Agent (or EA) is a tax professional recognized by the United States federal government to represent taxpayers in dealings with the Internal Revenue Service. The profession has been regulated by Congress since 1884. ) and other paid preparers needed Form 2848, Power of Attorney and Declaration of Representative, to discuss return preparation, refund TO REFUND. To pay back by the party who has received it, to the party who has paid it, money which ought not to have been paid. 2. On a deficiency of assets, executors and administrators cum testamento annexo, are entitled to have refunded to them legacies and payment issues with the IRS. Under the Initiative, the taxpayer's designee would be able to speak directly to IRS Customer Service representatives by phone and in person in response to math error notices and to receive information about a refund or payment. Approximately 8 million pieces of correspondence are sent to taxpayers during tax season, specifically about processing returns. IRS Commissioner Rossotti estimates that the Initiative will allow the IRS to resolve up to 90% of issues through telephone contact with paid preparers. The Initiative will eliminate the need for a Power of Attorney only for certain matters. The checkbox authorization The right or permission to use a system resource; the process of granting access. See access control. is limited to issues arising during the processing of the specific return. Taxpayers still need to sign a Power of Attorney for examination matters, underreported income, appeals and collections notices. Although the Initiative is limited to paid preparers, the Service is looking into addressing the needs of businesses and taxpayers (such as the elderly and non-English-speaking) who depend on friends and family to prepare returns. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion