Wednesday, May 8, 2013

IRS News & Events from Stakeholder Liaison

Hello Everyone,

 

I hope all is going well with you.

 

Below is IRS News and Events from Stakeholder Liaison.  

 

I have also attached a flyer for the, West Coast Tax Representation Conference - Representation & Your Tax Practice two-day seminar for Enrolled Agents, CPAs, Attorneys and CTECs which will be held on June 26th, 27th in Foster City, California. 

Karen Hawkins, Director of IRS' Office of Professional Responsibility (OPR), and Peter Panuthos, Washington DC Tax Court Judge, will be among the speakers for this event.  There is an intermediate and an advanced track where each track qualifies for 16 hours of CPE.  See above attached flyer for additional information. 

Please share the information with your members and colleagues.  Select the blue links to see the full article.

 

Newsroom  

 

Grant, Kay Named to IRS Leadership Posts
IR-2013-47, May 8, 2013 — The IRS announced the selection of Joseph H. Grant as commissioner of the Tax Exempt and Government Entities Division and Sheldon Kay as Chief of Appeals.     

 

IRS Seeking Applications for Volunteer Tax Assistance Program Grants
IR-2013-46, May 6, 2013 — The IRS is accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs, which will allow some organizations to apply for annual funding for up to three years.

                                                                                                                                 

 IRS Seeks Applications for the Internal Revenue Service Advisory Council
IR-2013-45, May 1, 2013 — The IRS announced it is accepting applications for the Internal Revenue Service Advisory Council through June 14, 2013.

 

IRS Releases Final Report on Tax-Exempt Colleges and Universities Compliance Project
IR-2013-44, April 25, 2013 — The IRS today released its final report summarizing audit results from the IRS’ colleges and universities study, which began in 2008. This final report describes the agency’s multi-year project on a major segment of tax-exempt organizations.

 

Information Reporting Program Advisory Committee (IRPAC) Open Season

The Internal Revenue Service (IRS) is requesting nominations for membership in the Information Reporting Program Advisory Committee (IRPAC) for a three-year term beginning in January 2014.  Written nominations must be received on or before May 31, 2013.

(2012 Information Reporting Program Advisory Committee (IRPAC) Public Reports)

 

IRS Tax Tip 2013-57 IRS Fresh Start Program Helps Taxpayers Who Owe the IRS

The IRS Fresh Start program makes it easier for taxpayers to pay back taxes and avoid tax liens. Even small business taxpayers may benefit from Fresh Start.

See Tax Tips for other tips you can share with your clients!

 

IRS Furlough days, from IRS Media Relations

For your planning purposes, the first furlough days will be May 24, June 14, July 5, July 22 and August 30, with another two days possible in August or September. All public-facing operations will be closed on these dates, including our toll-free operations and Taxpayer Assistance Centers.

 

IMRS Hot Issues

IRS announces penalty relief available to certain filers, IRS expands identity theft efforts, IRS updates Allowable Living Expense Standards; revises collection forms, Enrolled agent updates and more . . .

IRS Technical Guidance

 

REG-120391-10 REG-120391-10

Proposed regulations would amend the rules regarding coverage for certain preventive services without cost sharing under the Patient Protection and Affordable Care Act.  (IRB-2013-18, April 29, 2013)

Rev. Proc. 2013-26 rules by which the Internal Revenue Service will allow a taxpayer to use a simplified proportional method of accounting for original issue discount (“OID”) on pools of credit card receivables under § 1272(a)(6).  The proportional method is intended to reduce administrative burdens and controversy for taxpayers and the Service.  Revenue Procedure 2013-26 will appear in IRB 2013-22 dated May 28, 2013. 

Rev. Proc. 2013-25 - This revenue procedure provides the 2014 inflation adjusted amounts for Health Savings Accounts (HSAs) as determined under § 223 of the Internal Revenue Code.

 

Rev. Proc. 2013-24 - This revenue procedure provides definitions of units of property and major components taxpayers may use to determine whether expenditures to maintain, replace, or improve steam or electric power generation property must be capitalized under § 263(a) of the Internal Revenue Code.

 

Notice 2013-31 - Determination of housing cost amount eligible for exclusion or deduction for 2013. - This notice provides adjustments to the limitation on housing expenses for purposes of section 911 of the Internal Revenue Code (Code) for specific locations for 2013. These adjustments are made on the basis of geographic differences in housing costs relative to housing costs in the United States.

 

Notice 2013-30 - Filing and Payment Extension For Those Affected By The Boston Marathon Explosions - This notice provides a 3-month extension of time to file and pay tax under sections 6081 and 6161 of the Internal Revenue Code (Code) for those individuals affected by the Boston Marathon explosions.

 

Notice 2013-27 - Maximum Vehicle Values for 2013 for Use of Vehicle Cents-Per-Mile and Fleet-Average Valuation Rules - This notice provides the maximum vehicle values for 2013 that taxpayers need to determine the value of personal use of employer-provided vehicles under the special valuation rules provided under section 1.61-21(d) and (e) of the Income Tax Regulations.  (IRB-2013-18, April 29, 2013)

 

Announcement 2013-30 - Section 1446 Tax for Fiscal Year Partnerships in 2013

Partnerships that have effectively connected taxable income (ECTI) allocable to

a foreign partner must file a 2012 Form 8804, Annual Return for Partnership

Withholding Tax (Section 1446), for any taxable year that begins in 2012.

 

Memorandom SBSE-05-0413-0742 - collection due process cases procedures updates, provides changes to Internal Revenue Manual Section 5.19.8.4 related to collection due process (CDP) cases, including timing of transferred cases.

 

New features debut on EO’s webpages

With more than 1 million visitors a month, EO’s website is a main source of information about tax administration for many in the tax-exempt sector. Continual updates and improvements help make the visit more efficient and rewarding for those readers.

 

Publication 1854 , How To Prepare A Collection Information Statement (Form 433-A), has been updated.

Revised Publication 4235, Collection Advisory Group Addresses (rev 0313) posted to IRS.gov

 

IRS Draft Tax Forms, including Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons, and Form 1042-S, Foreign Person's U.S. Source Income Subject to Withholding, for 2014.

Events

 

31st Annual California  Society of Enrolled Agents Super Seminars will be held in Las Vegas on May 14 to 16, and Reno on May 30 to June 1st, 2013.  Up to 24 hours total Continuing Education for Enrolled Agents, CPAs and CTECs, etc. 

 

West Coast Tax Representation Conference - Representation & Your Tax Practice two-day seminar for Enrolled Agents, CPAs, Attorneys and CTECs will be held on June 26th, 27th in Foster City, California.  Karen Hawkins, Director of IRS' Office of Professional Responsibility (OPR) and Peter Panuthos, Washington DC Tax Court Judge, will be among the speakers for this event.  There is an intermediate and advanced track where each track qualifies for 16 hours of CPE.  See above attached flyer for additional information.

 

IRS Nationwide Tax Forums 2013 Locations and Dates

For dates and more, go to the National Tax Forum website.

 

Phone Forums

 

Retirement Plans – Phone Forums & Webinars

·        What You Need to Know About the IRS Final 401(k) Questionnaire Report and Next Steps - May 13, 2013

·        403(b) Corrections and Examination Trends - May 23, 2013

 

California Workshops for Small Business Owners

Please share this link with your small business clients.  The workshops provide detailed instructional lessons that cover their tax filing, paying and operating requirements and responsibilities.

 

 

I hope you find this information useful.  If you would like additional information, you can subscribe to an IRS e-Subscription by going to the Subscription page on IRS.gov.

 

If you would like to discontinue receiving our local Stakeholder Liaison e-mails, please e-mail Jennifer.Henrie-Brown@irs.gov and request removal of your name.

 

Have a great day!

 

Jennifer Henrie-Brown, ID #94-07690
Stakeholder Liaison Specialist
Communications Stakeholder Outreach
510-637-2199/ fax 510-637-2434
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Friday, April 5, 2013

FYI: IRS News & Events from IRS Stakeholder Liaison

Hello Everyone,
 
I hope all is going well with you and you are having a successful filing season!
 
Attached is IRS' Stakeholder Liaison News & Events.
 

Please share this information with your members and colleagues.  Select the blue links to see the full article.  Thank you!

 

Newsroom

 

IRS Seeks Applications for Information Reporting Advisory Council
IR-2013-37, April 2, 2013 — The IRS is requesting nominations for membership to the Information Reporting Program Advisory Committee (IRPAC), a federal advisory panel that advises the IRS on various tax administration issues. 

IRS Smartphone App IRS2Go Now Available in Spanish
IR-2013-36, April 2, 2013 — The IRS has released IRS2Go 3.0, an update to its free smartphone application that offers practical tax tools and information for the first time in either Spanish or English.

IRS Expands Law Enforcement Assistance Program on Identity Theft to 50 States; Victim Assistance and Criminal Investigations Grow
IR-2013-34, March 28, 2013 — The IRS announced a nationwide expansion of a program that helps law enforcement get tax return data vital to their local efforts in investigating and prosecuting cases of identity theft.

 

IRS Releases the Dirty Dozen Tax Scams for 2013
IR-2013-33, March 26, 2013 — The IRS has issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud.

 

IRS Releases FY 2012 Data Book
IR-2013-32, March 25, 2013 — The IRS today released the 2012 IRS Data Book, a snapshot of agency activities for the fiscal year.

 

Relief Available To Many Extension Requesters Claiming Tax Benefits
IR-2013-31, March 20, 2013 —The IRS is providing late-payment penalty relief to eligible individuals and businesses requesting a tax-filing extension because they are attaching to their returns forms that couldn’t be filed until after January.

 

IRS Seeks Comments on Bilateral Safe Harbors for Certain Transfer Pricing Issues
IR-2013-30, March 15, 2013 — The IRS is seeking public comments on the development of a model memorandum of understanding between Competent Authorities on certain transfer pricing issues.

 

 

IRS Technical Guidance

 

First Time Homebuyer Credit Account Look-up

Use our First Time Homebuyer Credit Account Look-up to get account information such as the total amount of your credit or your repayment amount. 

Notice 2013-26 allows additional time for filing claims for certain excise tax payments because ATRA extended various fuel tax credits that expired on Dec. 31. The due date for filing certain claims for payments related to biodiesel mixtures and alternative fuel had already passed by the date that ATRA was enacted. 

Notice 2013-22 invites the public to submit recommendations for items that should be included on the 2013-2014 Guidance Priority List.

 

Notice 2013-24 provides transitional relief for additions to tax under section 6651(a)(2) of the Internal Revenue Code due to the delayed publication of some IRS forms relating to the 2012 tax year.

 

New Phone Number to Check the Status of VCP Submissions

The new telephone number to check the status of your Voluntary Correction Program submission is: (626) 927-2011 (not a toll-free number)

 

Recent Developments for Tax Forms, Instructions, and Publications

·        Draft Form 8957, FATCA Registration Released:  The draft form is released for public review and comment and should not be printed and submitted by a financial institution in an attempt to register for FATCA.

FATCA registration can be accomplished most efficiently and effectively through an electronic online process that will avoid the need to print, complete, and mail paper forms.  The online registration portal will be available in July 2013.

•        Empowerment Zone Designations -- 22-MAR-2013

•        Update to the 2012 Instructions for Schedule K-1 (Form 1065) -- 22-MAR-2013

•        Updated Social Security Administration Telephone Number for Questions About Back Pay Under a Statute -- 21-MAR-2013

•        Correction to Instructions for Form 720 (Rev. January 2013) -- 20-MAR-2013

•        Corrections to Publication 1141, General Rules and Specifications for Substitute Forms W-2 and W-3 (Revised February 2013) -- 14-MAR-2013

 

Events

 

Retirement Plans – Phone Forums & Webinars

·        Currently, there are no webinars scheduled.

 

IRS Nationwide Tax Forums 2013 Locations and Dates

For dates and more, go to the National Tax Forum website.

 

California Workshops for Small Business Owners

Please share this link with your small business clients.  The workshops provide detailed instructional lessons that cover their tax filing, paying and operating requirements and responsibilities.

 

I hope you find this information useful.  If you would like additional information, you can subscribe to an IRS e-Subscription by going to the Subscription page on IRS.gov.

 

If you would like to discontinue receiving our local Stakeholder Liaison e-mails, please e-mail  Jennifer.Henrie-Brown@irs.gov and request removal of your name.

 

Have a great day, and a wonderful weekend!

 

 

Jennifer Henrie-Brown, ID #94-07690
Stakeholder Liaison Specialist
Communications Stakeholder Outreach
510-637-2199/ fax 510-637-2434

 

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Thursday, March 14, 2013

FYI: IRS Stakeholder Liaison's News & Events (March 14, 2013)

Hello Everyone,
 
Hope all is going well with you!
 

Please share the below information with your members and colleagues.  Select the blue links to see the full article.  Thank you!

 

 

Newsroom                                                                                                                                       

 

IRS Has $917 Million for People Who Have Not Filed a 2009 Income Tax Return
IR-2013-29, March 14, 2013 — Refunds totaling just over $917 million may be waiting for an estimated 984,400 taxpayers who did not file a federal income tax return for 2009.

 

IRS Statement on Form 8863, Education Credits
Update on problems with a limited number of software company products that affected some taxpayers filing Form 8863, Education Credits, between Feb. 14 and Feb. 22.

 

Enrolled Agent Disbarred for Stealing a Client’s Tax Payments and Preparing Returns with False Deductions
IR-2013-27, March 8, 2013— The IRS today announced that its Office of Professional Responsibility obtained the disbarment of enrolled agent Lorna M. Walker for stealing a client's tax payments and for preparing tax returns with false deductions for multiple clients.

 

IRS Now Accepting All 2012 Returns
IR-2013-25, March 4, 2013 — The IRS announced today that it has finished updating its tax-processing systems, allowing all remaining individual and business taxpayers to file their 2012 federal income tax returns.

 

IRS Expands Voluntary Worker Classification Settlement Program; Relief From Past Payroll Taxes Available to More Employers Who Reclassify Their Workers As Employees
IR-2013-23, Feb. 27, 2013 — The IRS has expanded its Voluntary Classification Settlement Program, paving the way for more taxpayers to take advantage of this low-cost option for achieving certainty under the law by reclassifying their workers as employees for future tax periods.

 

Parents and Students: Check Out College Tax Benefits for 2012 and Years Ahead
IR-2013-22, Feb. 22, 2013 — The IRS reminds parents and students that now is a good time to see if they qualify for either of two college education tax credits or any of several other education-related tax benefits.

 

IRS Reminds Taxpayers to Report 2010 Roth Conversions on 2012 Returns
IR-2013-21, Feb. 19, 2013 — The IRS reminds taxpayers who converted amounts to a Roth IRA or designated Roth account in 2010 that, in most cases, they must report half of the resulting taxable income on their 2012 returns.

 

IMRS Hot Issues

Estimated tax penalty relief for farmers and fishermen; New offer in compromise pre-qualifier tool available; Report suspected tax fraud activity; Updated guidance regarding consents to disclose use of tax return and more . . .

 

IRS Technical Guidance

 

Special Procedures for Form 8839, Qualified Adoption Expenses

The IRS reminds tax practitioners that Form 8839, Qualified Adoption Expenses, cannot be electronically filed this year but must be mailed to the IRS. Additionally, there is no longer a requirement to attach supporting documentation to this year’s return. However, documentation must be kept as part of a taxpayer’s records.  See Tax Topic 607 for additional information on the Adoption Credit and adoption assistance programs.

 

Budget Sequestration Reduces Some Credits and Awards

Federal budget sequestration has resulted in required cuts to certain credits and awards, effective March 1. These required cuts include a reduction to the refundable portion of the Small Business Health Care Tax Credit for certain small tax-exempt employers, a reduction in award payments to whistleblowers, and a reduction to refundable credits applicable to certain qualified bonds.

 

Proposed regulations on truncated TINS

Proposed REG-148873-09 continues the pilot program for truncated taxpayer identification number, or TTINs.  Filers of certain information returns – now expanded to include those delivered electronically – may use a TTIN as an alternative to using an SSN, ITIN, or ATIN on payee statement.

 

IRS Extends the Comment Period on Acceptable e-signature Standards

Due to Industry requests for additional time, the IRS has extended the deadline until May 1, 2013 to receive recommendations and comments on Internal Revenue Bulletin 2013-4, Announcement No. 2013-8.   E-signature standards will promote efficiency, reduce burden and improve identity proofing methods to confirm the identity of the signer. Announcement 2013-8 provides details on the request and proposed standards. Submit recommendations and comments electronically to mailto:e-signature@irs.gov by May 1, 2013.

 

Notice 2013-20 - Allocation of Controlled Group Research Credit - This notice provides interim guidance relating to the allocation of the credit for increasing research activities (research credit) to corporations and trades or businesses under common control (controlled groups) for purposes of § 41(f)(1)(A)(ii) and § 41(f)(1)(B)(ii) of the Internal Revenue Code, as amended by section 301(c) of the American Taxpayer Relief Act of 2012, P.L. 112-240, H.R. 8 (the Act), for taxable years beginning after December 31, 2011.

 

Notice 2013-14 - This notice provides guidance on § 309 of the American Taxpayer Relief Act of 2012 (the Act), Pub. L. No. 112-240, enacted on January 3, 2013, and transition relief for employers claiming the Work Opportunity Tax Credit (the WOTC) under §§ 51 and 3111(e) of the Internal Revenue Code (the Code), as extended by the Act. Section 309 of the Act amended § 51 to extend the WOTC through December 31, 2013, for taxable employers and for qualified tax-exempt organizations. Specifically, this notice provides employers that hire members of targeted groups additional time beyond the 28-day deadline in § 51(d)(13) of the Code for submitting Form 8850, Pre-screening Notice and Certification Request for the Work Opportunity Credit, to Designated Local Agencies (DLA).

 

Rev. Rul. 2013-6 - Section 6621.--Determination of Rate of Interest

The Internal Revenue Service announced that interest rates will remain the same for the calendar quarter beginning April 1, 2013. The rates will be:

•        three (3) percent for overpayments (two (2) percent in the case of a corporation);

•        three (3) percent for underpayments;

•        five (5) percent for large corporate underpayments; and

•        one-half (0.5) percent for the portion of a corporate overpayment exceeding $10,000.

 

Rev. Proc. 2013-21 - This revenue procedure provides: (1) limitations on depreciation deductions for owners of passenger automobiles first placed in service by the taxpayer during calendar year 2013, including separate tables of limitations on depreciation deductions for trucks and vans; and (2) the amounts that must be included in income by lessees of passenger

automobiles first leased by the taxpayer during calendar year 2013, including a separate table of inclusion amounts for lessees of trucks and vans. The tables detailing these depreciation limitations and lessee inclusion amounts reflect the automobile price inflation adjustments required by § 280F(d)(7) of the Internal Revenue Code.

 

Increase to Automated Collection System Authority 

Guidance memorandum SBSE-05-0113-0069 from the Small Business/Self-Employed Division, dated Jan. 31, includes detailed instructions for the handling and forwarding of cases to revenue officers or to the ACS.  The guidance updates instructions for obtaining installment agreement managerial approval, and for processing withdrawals of installment agreement requests.  The guidance also added a new exhibit for processing withdrawals of installment agreement requests.

Events

 

Retirement Plans – Phone Forums & Webinars

·        International Issues involving Retirement Plans in U.S. Territories  - March 21, 2013

 

IRS Nationwide Tax Forums 2013 Locations and Dates

For dates and more, go to the National Tax Forum website.

 

California Workshops for Small Business Owners

Please share this link with your small business clients.  The workshops provide detailed instructional lessons that cover their tax filing, paying and operating requirements and responsibilities.

I hope you find this information useful.  If you would like additional information, you can subscribe to an IRS e-Subscription by going to the Subscription page on IRS.gov.

 

If you would like to discontinue receiving my local Stakeholder Liaison e-mails, please e-mail  Jennifer.Henrie-Brown@irs.gov and request removal of your name.

 

Jennifer Henrie-Brown, ID #94-07690
Stakeholder Liaison Specialist
Communications Stakeholder Outreach
510-637-2199/ fax 510-637-2434
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Thursday, February 28, 2013

FYI: Recruitting for Taxpayer Advocacy Panel (TAP)

Hello Everyone,
 
I hope all is going well with you!
 
Our Local Taxpayer Advocate, Tiffany Todaro, requested I share the below information with you.
 
_______________________________________________________________________________________________________________________
 
 

The Taxpayer Advocacy Panel (TAP) is inviting civic-minded individuals to apply to become a member of their dynamic volunteer organization whose mission is to improve the IRS. 

Taxpayer Advocacy Panel (TAP)

The Taxpayer Advocacy Panel is a group of citizen volunteers whose mission is to listen to taxpayers, identity taxpayers' issues, and make recommendations for improving IRS service and customer satisfaction. 

 

The Panel is a Federal Advisory Committee established under the authority of the Department of the Treasury.  The TAP includes representatives from all 50 States, the District of Columbia, Puerto Rico, and new for this year, U.S. citizens living abroad.  The IRS has made a commitment to listen to ideas from TAP members. 

 

How to Apply:

Complete and submit the application online at the TAP web site between February 22, 2013 and April 1, 2013:  

www.improveirs.org

 

 

Please call the TAP toll-free number 1-888-912-1227 and choose prompt number five for additional information about TAP or the application process.  Callers who are outside of the U.S. should call 954-423-7973 (not a toll-free call).  You may also contact the TAP staff at taxpayeradvocacypanel@irs.gov for assistance.    

 

To qualify as a TAP member, applicants must be a U.S. citizen and able to commit 200-300 volunteer hours per year to the panel.  Applicants must also be current with tax obligations and pass an FBI criminal background check.

 

TAP is a unique opportunity for citizens to have direct input into improving IRS products and services.  Candidates will have until April 1, 2013 to submit their application.  Selected applicants will either serve a three-year membership term beginning in December 2013, or be chosen as an alternate member to be considered for membership if a vacancy occurs during the next three years. Thank you for your time and consideration in this matter.

 

Jennifer Henrie-Brown, ID #94-07690
Stakeholder Liaison Specialist
Communications Stakeholder Outreach
510-637-2199/ fax 510-637-2434
 
 
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Friday, February 22, 2013

FYI: IRS Stakeholder Liaisons' News & Events including ITIN Program Webinar (on 2-26-2013)

 

Hello Everyone,

 

I hope all is going well with you!

Below is news and events information for practitioners including a new ITIN Acceptance Agents On-Demand Webinar scheduled for February 26, 2013.  Please share the below information with your colleagues.  Select the blue links to see full articles.  Thank you! 

 

Newsroom                                                                                                         

 

IRS Seeks Applications for the Electronic Tax Administration Advisory Committee
IR-2013-20, Feb. 15, 2013 — The IRS is accepting nominations for membership on the Electronic Tax Administration Advisory Committee through April 1.

 

IMRS Hot Issues

Due to late tax law changes, stockpiling rule does not apply; Loving vs. IRS court case regarding registered tax return preparers; Additional Medicare Tax and Net Investment Income Tax and more . . .

 

IRS Technical Guidance

 

IRS Statement on "Where's My Refund?" Tool - Feb. 14, 2013

The IRS alerted taxpayers and the tax community it is experiencing high traffic on “Where's My Refund?” as more tax returns come in. The heavy volume of refund inquiries means that the IRS anticipates both "Where's My Refund?" on IRS.gov and the refund feature on the IRS2go phone app will have limited availability during busier periods.

·         You don't need to check “Where's My Refund?” more than once a day as your information will not change. 

·         To avoid system delays, the best time to check on refunds is evening and weekends.

·         There is no need to call the IRS about your refund; the telephone service has the same information that is available on “Where’s My Refund?”

 

List of IRS forms that 1040 filers can begin filing in March 2013

The following tax forms will be accepted by the IRS during the first week of March after updating forms and completing programming and testing of its processing systems. A specific date will be announced in the near future.

 

Considering an offer in compromise?

Before starting the paperwork, use the new OIC pre-qualifier tool to:

•        Determine eligibility

•        Calculate a preliminary offer amount

Related link: Offer in Compromise

 

Tax Practice: Proposed Revisions to IRS Circular 230 Set New Standards for ‘Reasonable’ Practices   -   BNA Daily Tax Report, February 14, 2013 - By Florence Olsen

Under proposed “reasonableness” standards for Circular 230, employee benefit attorneys who provide written tax advice may not rely on information from benefit plan sponsors if the attorneys know or should know that the information is incorrect or incomplete, an Internal Revenue Service official said Feb. 13 during an agency-sponsored phone forum.

 

Rev. Rul. 2013-7 - This revenue ruling provides various prescribed rates for federal income tax purposes for March 2013 (the current month).

 

Notice 2013-16 - Per Capita Payments from Proceeds of Settlements of Indian Tribal Trust Cases

Notice 2013-1, 2013-3 IRB 281, provides guidance on the federal tax treatment of per capita payments that members of Indian tribes receive from proceeds of certain settlements of tribal trust cases between the United States and those Indian tribes.  Additional tribes have settled tribal trust cases against the United States since publication of Notice 2013-1. This notice provides an updated Appendix that reflects the additional settlement agreements.

 

Rev. Proc. 2013-20 - This revenue procedure modifies Revenue Procedure 2011-14, 2011-4 I.R.B. 330, to provide procedures for a taxpayer to obtain the automatic consent of the Commissioner under § 446(e) of the Internal Revenue Code to change its method of accounting under § 263A for the production of one or more plants removed from the list of plants grown in commercial quantities in the United States having a pre-productive period in excess of two years based on the nationwide weighted average pre-productive period for such plant.

 

Rev. Rul. 2012-32 - Section 6621.--Determination of Rate of Interest - 26 CFR 301.6621-1: Interest rate.

Section 6621 of the Internal Revenue Code establishes the interest rates on overpayments and underpayments of tax.

 

IRS Provides Details on Forensic Training for Certified Acceptance Agents; Deadline Extended to Dec. 31

Based on comments and feedback from the Certified Acceptance Agent (CAA) community, the IRS is extending the deadline for CAAs and responsible parties to complete the forensic training requirement to Dec. 31, 2013.  The Internal Revenue Service currently does not endorse any particular vendor.

Events

 

Phone Forum - Retirement Plans:

Overview of the 2012 Cumulative List of Plan Qualification Changes Webinar - February 28, 2013

 

IRS Nationwide Tax Forums 2013 Locations and Dates

For dates and more, go to the website.

 

California Workshops for Small Business Owners:  Please share this link with your small business clients.  The workshops cover their tax filing, paying and operating requirements and responsibilities.

 

 


Attention Acceptance Agents
 
Important Information for all ITIN Acceptance Agents
 
Posted February 26, 2013 
 
The Internal Revenue Service announces a new ITIN Acceptance Agents On-Demand Webinar - to provide Acceptance Agents with information regarding the Changes to the ITIN Program effective January 1, 2013
 
 
IRS On-Demand Webinar for ITIN Acceptance Agents
 
The Internal Revenue Service announces the release of a new on-demand webinar with information specifically for Acceptance Agents.  All authorized representatives are required to view this free webinar presentation that will take approximately 25 minutes of your time.  This webinar will provide you with information for the 2013 ITIN Program Changes effective January 1, 2013.
 
The pre-recorded webinar will air on February 26, 2013 at 2:00 p.m. Eastern time (1:00 p.m Central, Noon Mountain Time, and 11:00 a.m. Pacific Time).  Participation in the ITIN on-demand webinar is easy. Just click the link:  http://www.visualwebcaster.com/IRS/92207/reg.asp?id=92207 to register and access the webinar video and accompanying Power Point presentation, which is downloadable for future reference.
 
Once selected, the link will take you to the registration pages.  Click the link above to "Sign up now," register and submit.  If you are not able to view the entire video on February 26,  you will be able to access the video again beginning March 5 through May 5, 2013.  Click on the link on the registration page for Download Outlook Calendar Reminder to place a reminder on your calendar. 
 
Note:  Since this video requires registration, we will be able to monitor participation.  
 
Email your questions or comments to  ITINProgramOffice@irs.gov.  
 

I hope you find this information useful.  If you would like additional information, you can subscribe to an IRS e-Subscription by going to the Subscription page on IRS.gov.

 

If you would like to discontinue receiving my local Stakeholder Liaison e-mails, please e-mail  Jennifer.Henrie-Brown@irs.gov and request removal of your name. 

 

Jennifer Henrie-Brown, ID #94-07690
Stakeholder Liaison Specialist
Communications Stakeholder Outreach
510-637-2199/ fax 510-637-2434

 

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