TAS is joining the IRS in celebrating Tax Professional Awareness Week (TPAW). TPAW is a week dedicated to ensuring that tax professionals have all the information they need to have a successful filing season. This year, we’re highlighting resources for protecting you and your clients from evolving tax scams, ensuring your client’s refund rights and appeal rights, and delving into what happens when return preparations go wrong. Tax professionals can also find resources to help them prepare for the 2025 filing season.
Tax professionals need to be on the lookout for a variety of new and evolving schemes aimed at stealing sensitive taxpayer information. These schemes don’t just threaten your clients, they can damage your business as well.
After a prolonged government shutdown, all Taxpayer Advocate Service (TAS) offices have reopened.
As a tax return preparer, it’s important to stay updated with the latest tools, tips, and resources provided by the Taxpayer Advocate Service (TAS). This page provides an overview of the various resources available on TAS and IRS websites to assist tax return preparers in efficiently and accurately preparing tax returns and resolving issues for their clients.
Tax professionals who are paid for their tax preparation services are required to practice due diligence when preparing federal tax returns, especially when the returns claim tax credits.
If a paid preparer has a reason to doubt any information provided by a client that impacts client eligibility for the Earned Income Tax Credit, Child Tax Credit (including the Additional Child Tax Credit and Credit for Other Dependents), American Opportunity Tax Credit, or Head of Household filing status the preparer must:
A tax return preparer is a person who prepares a tax return, or a substantial portion of a tax return for payment. An individual who prepares a tax return for free is not considered a tax return preparer for these purposes. If you prepare tax returns in exchange for payment, you are subject to return preparer penalties if you don’t follow the tax laws, rules, and regulations when preparing returns. Examples of situations when a return preparer may be assessed a penalty include, but are not limited to:
It is your responsibility as a tax professional to ensure you protect your client’s right to claim a tax refund. Tax professionals must be vigilant in tracking deadlines and advising their clients to take timely actions
The IRS announced in June that it was entering the next stage of Employee Retention Credit (ERC) work and that following a review of submitted claims, it plans to deny tens of thousands of improper high-risk, “erroneous” ERC claims while starting a new round of processing lower-risk claims to help eligible taxpayers.
Join hundreds of tax professionals at the 2024 IRS Nationwide Tax Forum. It is a great place to earn Continuing Professional Education Credits, network with other tax experts, learn about tax law changes, the latest news from the IRS, and resolve your difficult tax cases.
Got a tax bill for your federal tax return? One of the best tools you can use to manage your tax account is an . When you establish your online account, you have access to your notices, account information, transcripts, and you can obtain useful information to help keep you current on your tax obligations. If you receive a tax bill, we have several resources to help you resolve it.Is the amount due on the tax bill accurate?
The Taxpayer Advocate Service shares steps to help you file a claim for credit or refund before its statute expiration date.