e-News for Tax Professionals

Friday, August 05, 2016 4:17 PM | NCSA Website Admin (Administrator)

Issue Number:  2016-31

Inside This Issue

1.     Help for Taxpayers Affected by ITIN Changes; Renewals Begin in October

2.     Scams: IRS Warns of Summer Surge in Automated Phone Scam Calls, Requests for Fake Tax Payments Using iTunes Gift Cards

3.     National Taxpayer Advocate to Hold Public Forum on Taxpayer Service Needs in Ohio on Aug. 16

4.     Memorial Day Failure-to-Deposit Penalty Error

 

1.  Help for Taxpayers Affected by ITIN Changes; Renewals Begin in October

The IRS this week announced important changes to help taxpayers comply with revisions to the Individual Taxpayer Identification Number (ITIN) program, which result from enactment of the Protecting Americans from Tax Hikes Act of 2015. The changes require some taxpayers to renew their ITINs beginning in October.

Notice 2016-48 explains how IRS will implement the ITIN program changes.

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2.  Scams: IRS Warns of Summer Surge in Automated Phone Scam Calls, Requests for Fake Tax Payments Using iTunes Gift Cards

The IRS warns tax professionals and taxpayers to stay vigilant against an increase in IRS impersonation scams. The scams come in the form of automated calls and demands for tax payments on iTunes and other gift cards.

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3.  National Taxpayer Advocate to Hold Public Forum on Taxpayer Service Needs in Ohio on Aug. 16

National Taxpayer Advocate Nina Olson and U.S. Rep. Jim Renacci, a member of the House Ways & Means Committee, will hold a public forum to discuss what taxpayers want and need from the IRS to comply with their tax obligations.

The public forum will be held Tuesday Aug. 16 at 5:30 p.m. at the Parma Branch of the Cuyahoga County Public Library in Parma, Ohio.

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4.  Memorial Day Failure-to-Deposit Penalty Error

Many taxpayers who made next-day employment tax deposits on Tuesday May 31 or semi-weekly employment tax deposits on Thursday June 2 were incorrectly sent notices that the deposits were late.

The IRS apologizes for the error. No taxpayer action is required. IRS systems have been corrected and taxpayer accounts will be updated.

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