Tuesday, July 24, 2007
New IRS Electronic PIN Signature Requirement
Starting in the 2008 tax filing season, the Internal Revenue Service (IRS) will simplify the signature process for e-filed tax returns submitted by tax practitioners. The simplification will eliminate the need for a paper document to be sent to the IRS by having tax practitioners e-file individual income tax returns only when they are signed electronically using one of two methods: a Self-Select Personal Identification Number (PIN) or a Practitioner PIN. "Nearly 90 percent of tax professionals already use electronic signatures to sign returns," Acting IRS Commissioner Kevin M. Brown claimed. "It’s the right time to take the next step toward truly paperless filing." According to the IRS’s website, out of the 55 million e-filed returns that have come from tax professionals this year, more than 49 million used the Self-Select PIN or the Practitioner PIN.
Labels:
federal taxes,
finance,
internal revenue service,
irs,
money,
pin,
tax,
taxes
Blog Archive
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2007
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July
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- IRS to Begin Increasing Amount of Audits
- Group of Tax-Exempt Firms Owe Over $1B in Taxes
- New Audi R8 Spider Sketch
- 5 Mistakes That Can Tax Your 401(k)
- New IRS Electronic PIN Signature Requirement
- National Taxpayer Advocate Releases Report on Tax ...
- U.S. Honda Open of Surfing Begins
- New Ferrari F430 Scuderia Announced
- Roni Deutch Tax Center Offering Incentive To Veterans
- Largest Tax Fraud Case Ever Thrown Out
- IRS Claims Electronic Excise Tax Filing Is Coming
- Courts Decided, Mental Anguish Awards Are Taxable
- Congress to IRS, Conduct More Audits!
- California Lawmaker Pushes For Sex Tax
- New Tax Foundation Newsletter
- Bugatti Veyron at the 2007 Prescott Hill Climb
- Revised Innocent Spouse Form
- Most States Not Raising Gas Taxes
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July
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