Form 8821 Archives | EA Journal

Feature Article

Decoding IRS Transcripts: Navigating the Maze for Better Tax Resolution and Audit Preparedness

Aspect-Based Sentiment Analysis: Insights from r/IRS Subreddit I analyzed tax community sentiments regarding Internal Revenue Service (IRS) transcripts from 927 “hot” posts from the r/IRS (Internal Revenue Service News, and Taxpayer Disputes) subreddit, which is one of the largest online forums comprising tax professionals with more than 79,000 members. This subreddit serves as a hub for discussions, queries, and experiences... Dr. Desai, EA

Winter 2024, Feature Article, IRS, return, resolution, audit, Schedule K-1, Form 8821, Form 2848, Form 1099-B, transcript, subreddit, r/IRS, account, substitute for return, SFR, Form 1099-INT, Form 1099-DIV, Practitioner’s Priority Services, TXMODA, transcript delivery system, TDS, PRAW, OpenAI, GPT-4, natural language processing, NLP, Generative Pre-Trained Transformer 4, Python Reddit API Wrapper

Take Note

Centralized Authorization File Unit Entering Form 2848 as Modified Preventing Tax Professionals from Getting Transcripts

Summary In 2018, the Internal Revenue Service (IRS) started to require tax professionals to check a box on Forms 8821 and 2848 if the tax professional used third-party software to download transcripts. Downloadin... Roger Nemeth, EA

Spring 2024, Take Note, Form 8821, Form 2848, Centralized Authorization File, CAF, POA, transcript, power of attorney, Systemic Advocacy Management System, SAMS, LITC, low-income tax clinic, IRM 21.3.7.5.2(17)a, Issue 56796, secure object repository, SOR, intermediate service provider, ISP

Examination

Internal Revenue Service Personnel – The Who, What, and How

Often times, we, as tax professionals, are just as confused as to whom we need to speak to when discussing tax matters with the Internal Revenue Service (IRS) as the general public. In this article, we ... Tyrone J. Taylor, EA, NTPI Fellow®

Fall 2023, Examination, appeals, Practitioner Priority Service, Form 8821, Form 2848, Notice CP 2000, ACS, Automated Collection Systems, criminal investigation, CI, revenue officer, Practitioner Priority Line, PPL, revenue agent, RA, RO, tax compliance officer, TCO

Capitol Corner

2021: Craziness in Action

While it certainly would be hard to top 2020, the year 2021 was quite the roller coaster ride at the federal and state levels for tax professionals, especially enrolled agents. The year began with ... Thad Inge and Michelle McCaughey

Jan/Feb 2022, Capitol Corner, advocacy, Taxpayer First Act of 2019, COVID-19, Biden, Form 1040, Form 8821, Centralized Authorization File, NAEA PAC, PTIN, Preparer Tax Identification Number, Automated Collection Systems, Tax Pro Account, power of attorney, Congress, Janet Yellen, Minnesota Debt Settlement Services Statute 332B

Capitol Corner

The Value of NAEA Advocacy

The National Association of Enrolled Agents (NAEA) engages in government relations and advocacy activities on behalf of the membership with the goal of enhancing and protecting the enrolled agent credential. After many decades working closely with... Jeffery S. Trinca and Michelle McCaughey

July/Aug 2021, Capitol Corner, Circular 230, COVID-19, Minnesota, Practitioner Priority Service, PPS, Form 8821, Form 2848, earned income tax credit, EITC, Centralized Authorization File, CAF, Automated Collection System, ACS, New Mexico, NAEA PAC, American Families Plan Tax Compliance, PTIN, Preparer Tax Identification Number, unemployment income, UI, IRS Taxpayer First Act Report

NAEA’s Reform Proposals Included in IRS Taxpayer First Act Report: Where to Now?

Capitol Corner

NAEA’s Reform Proposals Included in IRS Taxpayer First Act Report: Where to Now?

Just over one year ago, the National Association of Enrolled Agents (NAEA) presented its whitepaper, “Creating a Taxpayer-Focused Internal Revenue Service,” to the Internal Revenue Service (IRS) Taxpayer First Office for consideration as it at... Jeffery S. Trinca

Mar/Apr 2021, Capitol Corner, Taxpayer First Act of 2019, Practitioner Priority Service, PPS, Form 8821, Form 2848, IRS Taxpayer First Office