We are sending letters during November and December of 2013 to preparers filing questionable EITC claims. The letters:
For more information and examples of the letters, see our section, Reaching Out to Preparers.
We are also starting our visits to preparers to discuss EITC Due Diligence. The visits begin in November and continue during the filing season. For more information on the visits, see our section, Visiting Preparers Filing Highly Questionable Returns.
We are starting the Due Diligence audits based on 2012 returns in mid-November and audits based on 2013 returns start February of 2014. Both continue through April 2014. See our page on Auditing for Due Diligence for more information.
The IRS recently got another EITC Due Diligence injunction that prohibits preparers from preparing any further federal income tax returns. The cumulative injunctions represent over $105 million dollars in harm to the government. Find more information on the process and the preparers involved here.
Paid tax preparers are required to:
Last year, IRS sent out warning letters to preparers who had 10 or more missing Forms 8867. This year, IRS will penalize return preparers with missing Forms 8867. The penalty is $500 per missing form. Find out more about the Form 8867 and consequences of not filing.
We moved EITC Central and your Tax Preparer toolkit to a new platform. Because of the move, some of the site addresses have changed and your bookmarks or favorites may not work. We suggest you make new bookmarks for your favorite pages. Also, we added a new tab, Other Refundable Credits. This new section currently has resources to help you file accurate returns with education credits and the Child Tax Credit. If you can’t find something, we are happy to help you so let us know, firstname.lastname@example.org.
Our EITC Due Diligence Made Easy DVD (IRS Publication 4926) is still available. It contains tools and resources to help you prepare tax returns. The DVD has information for 2012 but is still relevant for the following:
Order your copy of the EITC Due Diligence DVD online (enter "4926" in the search box) or, call 1-800-829-3676 to place your order for up to five copies of Publication 4926. Need more copies? Send an email to us at email@example.com.