Educators (colleges, universities, trade and technical schools), those who prepare the Form 1098-T and tax returns preparers if you missed the IRS Webinar, Not Just College Credits; it's Tax Credits Too or would like to review it, we will post a link to the seminar in about 3 weeks. If you have comments or questions about the webinar, please contact us. Find out What You Need to Know about AOTC and LLC here.
We are sending letters starting October 1 and continuing through December to preparers filing questionable EITC claims. The letters:
We will include the Letter 5138 notifying preparers who received one of the warning letters previously that IRS may audit their clients’ returns in this mailing.
For more information and examples of the letters in English or Spanish, see our page, Reaching Out to Preparers.
The two seminars the EITC and Refundable Credit office presented at the 2014 Nationwide Tax Forums are now available online. You can audit the seminars for no fee or pay a fee to take the courses for Continuing Education credit. Find out more on our tax forum page.
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 $115 million dollars in harm to the government. Find more information on the process and the preparers involved here.
Keep yourself and your practice safe from fraud. We have found unauthorized uses of PTINs, Preparer Tax Identification Numbers, and EFINs, Electronic Filing Identification Numbers. Find out more on our page, What Can I Do to Protect my EFIN and PTIN?
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 firstname.lastname@example.org.