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Useful Links:Stakeholders Partners' Training and Upcoming EventsSeminars, Workshops, Conferences, and Other Practitioner Activities By State:Alabama Kentucky North Dakota | Issue Number: 2013-20Inside This Issue
1. IRS To Be Closed May 24, Four Other Days Due to Budget and Sequester; Filing and Payment Deadlines Unchanged The Internal Revenue Service announced additional details about the closures planned for May 24, June 14, July 5, July 22 and Aug. 30, 2013. 2. IRS Statement on Court Ruling Related to Return Preparers Fee amounts collected for scheduled registered tax return preparer test appointments canceled due to the court ordered injunction are being refunded. Additionally, fees collected from return preparers who tested on or after January 18, 2013, the date the test was enjoined, are also being refunded. No additional refund or reimbursement requests related to registered tax return preparer regulation are being provided or considered at this time. E-mail notifications will be provided to those receiving refunds to explain the process. No action is necessary to receive the refund. A credit for the test fee will automatically be made to the account used to pay the fee. It is anticipated that all refunds will be processed by July 19, 2013. 3. Tax Relief for Victims of Severe Storms, Straight-line Winds and Flooding in Illinois Victims of severe storms, straight-line winds, and flooding that began on April 16, 2013 in parts of Illinois may qualify for tax relief from the Internal Revenue Service. 4. New Discovery Tool Debuts for International Taxpayers IRS Large Business & International and Wage and Investment teamed up to create a discovery tool for taxpayers with international filing requirements. Over 500 IRS.gov web pages with international content were mapped to topics by IRS tax experts. Web pages were then integrated with IRS forms, publications, and FAQ. An international index was created as a gateway to international information. View the International Tax Topic Index. Please send your comments to topicmap@irs.gov. 5. Technical Guidance Revenue Ruling 2013-12 provides various prescribed rates for federal income tax purposes including the applicable federal interest rates, the adjusted applicable federal interest rates, the adjusted federal long-term rate, the adjusted federal long-term tax-exempt rate. These rates are determined as prescribed by § 1274. The rates are published monthly for purposes of sections 42, 382, 412, 1288, 1274, 7520, 7872, and various other sections of the Internal Revenue Code. Notice 2013-34 provides the inflation adjustment factor for the credit under § 45Q for calendar year 2013. Notice 2013-34 will be published in Internal Revenue Bulletin 2013-23 on June 3, 2013. Thank you for subscribing to e-News for Tax Professionals an IRS e-mail service. If you have a specific concern about your client's tax situation, call the IRS Practitioner Priority Service 1-866-860-4259. This message was distributed automatically from the mailing list e-News for Tax Professionals. Please Do Not Reply To This Message To subscribe to or unsubscribe from another list, please go to the e-News Subscriptions page on the IRS Web site. |
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e-News for Tax Professionals Issue 2013-20
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