…Chamber of Commerce. ### About the National Association of Enrolled Agents The National Association of Enrolled Agents (NAEA) has been powering enrolled agents, America’s Tax Experts®, for more than 45 years. NAEA is a non-profit membership organization composed of tax specialists licensed by the U.S. Treasury Department. NAEA provides the networking, educational opportunities, programs and services that enable enrolled agents and other tax professionals to excel beyond their peers. To find out more, visit www.naea.org and follow NAEA on Facebook…

…numbers rather than taking part in a largely duplicative process that is as far as we can tell driven by the inability of IRS databases to communicate with one another If the agency cannot accommodate this request, I ask that the Form 8554 renewal (and its ERPA counterpart) also serve as the vehicle for PTIN renewal. User fee size The regulations set forth a user fee of $50, which on its face does not appear unduly burdensome on members of…

…faith’ payments). A further concern is that some taxpayers plan to borrow to meet their tax obligations (often from family) and such taxpayers would see this plan as a great disincentive to make an offer. After all, does it make sense to borrow in an effort to square up with IRS only to risk that a rejected offer would put the taxpayer even more in debt, both to IRS and to the source of the borrowed ‘good faith’ payment? What…

…an offer, at least until 2010, one of the common concerns is the possibility that IRS may use this new rule to further slow its processing of offers (particularly in the case of taxpayers making monthly ‘good faith’ payments). A further concern is that some taxpayers plan to borrow to meet their tax obligations (often from family) and such taxpayers would see this plan as a great disincentive to make an offer. After all, does it make sense to borrow…

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…in cases involving audits and collection matters. It is not applicable to the preparation and filing of a tax return. This privilege does not apply to state tax matters, although a number of states have an accountant-client privilege. Continuing Education The IRS requires 72 hours of continuing education every three years in order to maintain an active license and practice rights. NAEA members are held to a higher standard than the IRS’ minimum 72 hour continuing education requirement. NAEA members…

…to reverse them within 60 days. If the taxpayer does not contest within the 60-day period, the taxpayer forfeits their right to challenge, and the IRS can move forward with its normal collection process. Each year, millions of Americans are negatively affected by this process. The notices are often found to be confusing and vague as they do not explain what error the IRS has corrected or how a taxpayer can contest the adjustment. Legislation: NAEA supports bipartisan legislation, the…