Showing Results for Taxes/Regulatory

January 30, 2017

An Inherited IRA Has Important Tax and Estate Planning Implications

A popular retirement savings vehicle for generations of investors, Individual Retirement Accounts (IRAs) provide tax-advantaged ways for individuals to fund their retirement. Many Americans have opened their own IRAs, but virtually every day, some...
December 9, 2016

New, Free Client Communication Tools for Tax Practitioners

Communicating your value as a tax practitioner is critical – no client can be taken for granted. The good news is that marketing and communications don’t have to be difficult or expensive. The AICPA’s Tax Practitioner’s...
December 8, 2016

IRS Mailing PTIN Compliance Letters

The IRS is in the process of sending letters to tax return preparers who do not have an active PTIN, but prepared returns in 2016. There are three different letters depending on the situation. * Letter 4966 – Expired PTIN * Letter 4732...
December 6, 2016

IRS Advises e-Services Product Users to Validate Identities

Over the next five weeks, the IRS will send letters to certain e-Services product users who must either go online or call the e-Services e-Help Desk to validate their identities. These letters will go to those users who can access the Transcript...
November 21, 2016

Registration Now Open for 2017 Advance Monthly Payments of the Health Coverage Tax Credit

Chris Jenkins, CAE, CISSP Taxes/Regulatory
The Internal Revenue Service has opened the new registration and enrollment process for qualified taxpayers to receive the benefit of the Health Coverage Tax Credit (HCTC) on an advance monthly basis during 2017. Eligible taxpayers can have 72.5...
November 16, 2016

IRS Releases New I-9 Form

Chris Jenkins, CAE, CISSP Taxes/Regulatory
U.S. Citizenship and Immigration Services (USCIS) released a new revised version of Form I-9 on Nov. 14, 2016. The previous editions of the Form (with “03/08/13” in the lower left corner) will remain valid until Jan. 21, 2017. After this...