Tax Resources
Tax Practitioner Quick Links
Links to helpful tools and relevant information regarding Federal Tax preparation are listed below. You can also download these on a quick reference sheet here.
This resource is provided and maintained by the NSA Federal Taxation Committee. Please send any suggestions for additional links to members@nsacct.org.
Resources:
- FinCEN BOI Small Entity Compliance Guide
Understand which entities must file a report and which are exempt - FinCEN BOI Frequently Asked Questions
The most commonly asked questions related to Beneficial Ownership Interest filings. - Hot Topic: Tax Relief in Disaster Situations
While the IRS will identify taxpayers located in disaster areas, certain taxpayers may need to self-identify for relief. - Local IRS Offices for Tax Season
There are many taxpayer assistance centers available to help taxpayers - Modernized eFile (MeF) Operational Status
Having eFile issues? Check the MeF Operational Status - 1099 General Reporting Requirement
Was a 1099 required to be issued? - Tax Scams Affecting Taxpayers and Tax Professionals
Remain vigilant against scams that may affect your clients or your firm - About Form 3115, Application for Change in Accounting Method (irs.gov)
A path to correcting errors in returns of prior preparers related to incorrectly used accounting methods (e.g. depreciation, cash to accrual, capitalizing vs expensing, etc.) - NSA Practitioner Organizers, Samples & Toolkits
Resources you can use in your practice! - Webinars for Tax Practitioners (irs.gov)
Stay up-to-date on the latest federal tax issues from the IRS
Important News:
- Latest IRS News, Forms, and Due Dates
- Disaster Situation Tax Relief by Date or State
- IRS Penalty Relief for Taxpayers – TY2020 & TY2021
- Form 1099K Updated FAQs
- Centralized Partnership Audit Regime History & Initiatives (as of 09/2024)
- Press Release: IRS, states, tax industry (including NSA) announce new joint effort to combat growing scams and schemes (irs.gov – 08/16/2024)
Tax Credits:
- Employee Retention Credit – Voluntary Disclosure Program (irs.gov)
- Press Release: Suspension of Voluntary Disclosure Program (irs.gov)
- Press Release: IRS Recovers Over $1B in Past Due Taxes (irs.gov)
- Press Release: Employee Retention Credit – Backlog Processing (irs.gov)
- Clean Vehicle and Energy Credits | Internal Revenue Service (irs.gov)
- Federal Tax Credits for Energy Efficiency (energystar.gov)