On February 5, the IRS released its Exempt Organization Newsletter, Issue Number 2015-2.
- Register for IRS Phone Forum: Employment Taxes for Exempt Organizations
- Renew your PTIN
- New EO published guidance posted
- National Taxpayer Advocate focuses on taxpayer service and Taxpayer Bill of Rights
- Read IRS news releases on biggest tax scams for the 2015 filing season
- Register for EO workshops
1. Register for IRS Phone Forum: Employment Taxes for Exempt Organizations
Thursday, February 19, 2015 2 p.m., ET
- What are employment taxes?
- Independent contractors vs. employees
- Voluntary Classification Settlement Program
- Church and the clergy
- Electronic filing and payment options for employment tax returns
- Small Business Health Care Tax Credit
- Exempt Organizations: Additional Employment Tax Resources
2. Renew your PTIN
Recently, the IRS sent expiration notices to PTIN holders who have not yet renewed their PTIN for 2015. Anyone receiving a notice can still renew their PTIN online at any time, but their status has been changed to “expired” until they do so.
To date, approximately 635,000 tax return preparers have valid PTINs for tax year 2015.
If you do not renew your PTIN, you can no longer prepare federal tax returns for compensation. If you intend to renew your PTIN for 2015, you can renew online or submit a paper application.
- Online renewal You can renew online. If you need assistance, review our instructional videos for help.
- Paper renewal If you prefer, you can renew by paper using Form W-12, available via the IRS homepage. It will take 4-6 weeks to process.
3. New EO published guidance posted
- Revenue Procedure 2015-9, which concerns issuing determination letters on the exempt status of organizations under sections 501 and 521 of the Code.
- Revenue Procedure 2015-10, which concerns issuing determination letters and rulings on private foundation status under section 509(a) of the Code.
4. National Taxpayer Advocate focuses on taxpayer service and Taxpayer Bill of Rights
National Taxpayer Advocate Nina E. Olson recently released her 2014 annual report to Congress, which expresses concern that taxpayers this year are likely to receive the worst levels of taxpayer service since at least 2001 when the IRS implemented its current performance measures.
The report recommends that Congress enact a principles-based Taxpayer Bill of Rights, adopt additional safeguards to make those rights meaningful, and provide sufficient funding to make the “Right to Quality Service” a reality.
5. Read IRS news releases on biggest tax scams for the 2015 filing season
- Inflated Refund Claims Remain on the IRS “Dirty Dozen” List of Tax Scams for the 2015 Filing Season
- Hiding Money or Income Offshore Among the “Dirty Dozen” List of Tax Scams for the 2015 Filing Season
- Return Preparer Fraud Hits IRS Annual “Dirty Dozen” List of Tax Scams to Avoid During the 2015 Filing Season
- Identity Theft a Major Concern on the IRS Annual “Dirty Dozen” List of Tax Scams to Avoid
- Phishing Remains on the IRS “Dirty Dozen” List of Tax Scams for the 2015 Filing Season
- Phone Scams Continue to be Serious Threat, Remain on IRS “Dirty Dozen” List of Tax Scams for the 2015 Filing Season
6. Register for EO workshops
Register for our upcoming workshops for small and medium-sized 501(c)(3) organizations. Remember to check this page periodically for new workshops being planned in a town near you.