by Rupinder | Oct 24, 2016 | Uncategorized
The IRS has announced that it has redetermined the user fee it will impose to cover the agency’s cost of overseeing the administration of the Enrolled Agent examination, the EA-SEE. The IRS now proposes to increase the user fee to $81 per part. The current fee per...
by Rupinder | Oct 21, 2016 | Uncategorized
IRS Regulations Modify Election To Claim Prior-Year Disaster Losses The IRS has issued final and temporary regulations extending the due date for the election to deduct in the prior tax year a loss attributable to a federally-declared disaster, and for revoking such...
by Rupinder | Oct 14, 2016 | Uncategorized
The IRS yesterday issued final regulations that aim to curtail earnings stripping transactions by corporations. The rules set documentation requirements “for certain related-party interests in a corporation to be treated as indebtedness for federal tax purposes,...
by Rupinder | Oct 13, 2016 | Uncategorized
Double Check ACA Information on Your Return If you received an extension of time to file your 2015 federal tax return, you have until Oct. 17 to double check your return and information on it that is related to the Affordable Care Act. The health care law includes...
by Rupinder | Oct 7, 2016 | Uncategorized
IRS will begin emailing all PTIN holders beginning October 17 advising them their PTINs expire on December 31, 2016 and that open season is underway for renewing for 2017. The renewal fee is $50. Get started at www.IRS.gov/ptin. There will also be an “early...
by Rupinder | Sep 22, 2016 | Uncategorized
Update: To address questions received after W&I Commissioner Debra Hollands’s presentation at the NPL Practitioner meeting last week, the IRS has added a PDF document – Answers to Follow-Up Questions – to Important Update about Your e-Services Account. One of the...
