Tax Resources for Accountants and Small Businesses (U.S.)
If you receive a CP2100 or CP2100A Notice from the IRS, it means some of the name and taxpayer identification number (TIN) combinations on your Forms 1099 don’t match IRS or Social Security Administration...
TIN Matching allows authorized payers to match 1099 payee information against IRS records prior to filing information returns. An authorized payer is one who has filed information returns with the IRS in at least...
Use Form W-9 to request the taxpayer identification number (TIN) of a U.S. person (including a resident alien) and to request certain certifications and claims for exemption. (See Purpose of Form on Form W-9.)...
Whose merchant card payments must be reported? Merchant acquiring entities must report the gross amount of reportable transactions of any payee for whom they settle payment card transactions. A reportable payment card transaction is...
Attorneys An attorney is any person who is a member in good standing of the bar of the highest court of any state, territory, or possession of the United States, including a Commonwealth, or...
Education Requirements Requirements: Category PTIN Tax Compliance Check Background Check Competency Test Continuing Education Attorneys X X CPAs X X Enrolled Agents X X Registered Tax Return Preparers X X X X X Supervised...
U.S. persons are required to file a Report of Foreign Bank and Financial Accounts (FBAR), Treasury Department Form TD F 90-22.1, each year if they have a financial interest in or signature authority over...
Form 8955-SSA (2009) Form 8955-SSA Instructions (2009) Form 8955-SSA 2-D Barcode Standards (1/14/2011) Rev. Proc. 2011-31, Publication 4810, contains information required to file Form 8955–SSA through the IRS FIRE (Filing Information Returns Electronically) system....
FORM 2848 If your organization will be represented by a third party, whether in person or by correspondence, you must file a power of attorney specifically authorizing the individual to represent your organization. Form...
Copies of previously filed original (and, if applicable, previously filed amended) federal income tax returns for tax years covered by the voluntary disclosure. Complete and accurate amended federal income tax returns (for individuals, Form...
What are some of the civil penalties that might apply if I don’t come in under voluntary disclosure and the IRS examines me? How do they work? Depending on a taxpayer’s particular facts and...
List of Principal Business Activities and codes that classify a company by the type of activity that is needed by the Internal Revenue Code. They are based on the North American Industry Classification System.
Form 941 (Rev. January 2011) Employer’s Quarterly Federal Tax Return Instruction 941 (Rev. January 2011) Instructions for Form 941, Employer’s Quarterly Federal Tax Return Forms 941, 940, Employment Taxes
2010 Form 1065 U.S. Return of Partnership Income 2010 Instruction 1065 Instructions for Form 1065, U.S. Return of Partnership Income “Where to File Your Taxes” (for Form 1065) Partner’s Instructions for Schedule K-1 (Form...
New regulations require all paid tax return preparers (attorneys, CPAs, and enrolled agents) to apply for a Preparer Tax Identification Number (PTIN) before preparing any federal tax returns in 2011. Notice 2011-11 (PDF): Relief...
The 2011 Offshore Voluntary Disclosure Initiative (OVDI) is offered to those taxpayers with offshore accounts or assets. Please follow the new process outlined below. Pre-Clearance: Taxpayers or representatives may fax to the IRS Criminal...
The Internal Revenue Service announced a special voluntary disclosure initiative designed to bring offshore money back into the U.S. tax system and help people with undisclosed income from hidden offshore accounts get current with...
IRS forms and publications
IRS News Release and Fact Sheet Archive
List of Fact Sheets 2011