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AICPA: Continue Sending Transcripts to Preparers

Annette Nellen, AICPAThe American Institute of CPAs has proposed a method the Internal Revenue Services can use continue to send taxpayer transcripts to tax preparers. The organization’s suggestion follows the IRS' three-part plan for changing  transcript processing, which would halt maiiing transcripts to third parties next year.

 ‘The ability to timely obtain copies of transcripts is crucial to both taxpayers and their representatives,”. Annette Nellen, chair of the AICPA Tax Executive Committee, wrote in a letter to the IRS. “Tax practitioners heavily rely on tax transcripts to help resolve their clients’ issues.”

Nellen proposes practitioners be permitted provide a valid Form 8821 or 2848, that will authorize IRS employees to immediately send a transcripts to practitioners’ secure e-Service mailboxes. This would authenticate practitioners’ identities.

The IRS program began on September 23 with Phase I, which redacts individual and business identifying information listed on individual tax transcripts. Phase II, expected to begin in January, will end the faxing of transcripts to taxpayers

Phase II, starting sometime in January 2019, will end faxing of transcripts to taxpayers and their representatives. Phase III scheduled for around May, will halt mailing of transcripts. From then on, transcripts will be mailed only to the taxpayer’s address of record. 

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