MORE
IRS reminds tax professionals of tasks to get ready for 2020
https://accountinginstruction.thinkific.com/
https://www.irs.gov/newsroom/irs-reminds-tax-professionals-of-tasks-to-get-ready-for-2020
WASHINGTON — The IRS today reminded tax professionals to review their e-Services account to ensure all contact information is accurate and to add or remove users. Reviewing e-Services information is just one of the tasks tax pros should complete now to get ready for 2020.
Here's a to-do list for the rest of 2019:
Update e-Services information
E-Services offers a suite of tools to assist tax pros. These tools include the e-file application, the Transcript Delivery System (TDS) and a secure mailbox. New e-Services users must first register and verify their identities using Secure Access authentication.
Principals, principal consents or authorized responsible officials/delegated users must update the e-file application to ensure that all contact information is accurate. Individuals no longer associated with the firm must be removed from the application.
New delegated users must be added to the e-file application. Firms that will need to use the e-Services TDS should ensure the appropriate people are approved on the application to avoid any delays in accessing client transcripts.
Firms opening new offices where electronic transmissions will occur also must submit new e-file applications. E-file providers should review Publication 3112, IRS e-file Application and Participation (PDF), to determine additional actions they should take.
The IRS reminds tax pros that the Electronic Filing Identification Number (EFIN) is not transferrable and cannot be sold, rented, leased, or provided with software purchased. It can only be obtained from the IRS. Providers who sell, transfer or close their business operations must notify the IRS within 30 days.
Renew PTINs
Anyone who prepares or helps prepare tax returns for compensation must have a Preparer Tax Identification Number (PTIN) a..
