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Georgia Accounting Information Network Support
Sam FroioSam FroioInternal Revenue ServiceInternal Revenue ServiceSmall Business/Self Small Business/Self Employed DivEmployed [email protected]@irs.gov
IRS - 101IRS - 101
What event contributed to the first Personal Income Tax Return?
Civil War
IRS - 101
The law requiring you to file a Personal Income Tax Return was repealed shortly after the Civil War.
What event brought it back?
IRS - 101
IRS2GO!
Watch UsWatch Us
People can view IRS YouTube videos on their smartphones. The videos provide short, informative features on a variety of tax topics. The channel ranks 4th most viewed channel among more than 125 federal government YouTube channels and is available in American Sign Language.
Get The Latest News
With this tool, users can have the latest IRS news releases delivered to their phones as it becomes available!
Get My Tax Record
Taxpayers can now order their tax return transcript from the IRS2GO app. The transcript will be delivered via the U.S. Postal Service to their address of record.
FSLG Div. Assists With
Assistance through individualized instruction focused on employment tax withholding, reporting and filing requirements.
Assistance for information return reporting for payments to vendors.
Guidance on any other federal tax-related issues.
Participation in educational seminars and workshops at national and local levels.
Issue Management ResolutionIMRS
Provides mechanism for raising concerns– IRS policies, practices and procedures– Systemic problems
Facilitates issue identification, resolution and feedback
Issue Submission
Gather all information Contact local stakeholder liaison staff
– Visit IRS.gov– Search keyword “stakeholder liaison””
Elevating An Issue
Is it an IRS issue? Is clarification needed? Are policy or procedural changes
needed? How widespread is the issue? ?
Response and Resolution
Direct response from Stakeholder Liaison
Changes to policy and practices Expanded education and outreach Monthly IMRS reports on IRS.gov
Example Problems processing tax returns of
H2-A visa workers Issue: A tax practitioner with a low
income tax clinic repeatedly receives notices assessing self-employment tax on H2-A visa workers. H2-A visa workers are exempt under IRC 3121(b)(1). The practitioner requests guidance on how to prepare these returns to alert IRS of the exemption.
Response
Response: Math error notices were issued because a Schedule SE was included with the return. A tax return for an H2-A visa worker should be filed in the following manner: exclude Schedule SE; enter "exempt, see attached statement" on the Self-Employment Tax line of Form 1040; and attach a statement of explanation.
Search “IMRS” On IRS.GOV
Hot issues IMRS monthly overviews Industry issues quarterly report Prior year issues sorted by subject Stakeholder Liaison local contacts
Emloyment Taxes LinkEmloyment Taxes Link
1
2
3
E-News for Payroll Providers
E-News for Payroll Providers
Anita BartelsProgram Manager for Employment Program Manager for Employment
Tax ComplianceTax Compliance
Veterans In The Unemployment Line
Nationwide, the unemployment rate for veterans was 8.3% in 2011.
Florida = 9.3% Georgia = 8.9%
Work Opportunity Tax CreditWork Opportunity Tax Credit
An Employer-Friendly Benefit for Hiring Veterans Most in Need of Employment.
“Returning Heroes and Wounded Warriors Work Opportunity Tax Credits,” amends and expands the Veteran target groups. The changes and new provisions in this Act Apply to individuals who began to work for an employer the day after its enactment, November 22, 2011, and before January 1, 2013.
The Vow to Hire Heroes Act of The Vow to Hire Heroes Act of 20112011
The credit can be as high as $9,600 per veteran for for-profit employers or up to $6,240 for tax-exempt organizations.
Work Opportunity Tax Credit.
Certification ExtensionCertification Extension Normally, an eligible employer must file
Form 8850 with the state workforce agency within 28 days after the eligible worker begins work. But according to today’s guidance, employers have until June 19, 2012, to complete and file this newly-revised form for veterans hired on or after Nov. 22, 2011, and before May 22, 2012. The 28-day rule will again apply to eligible veterans hired on or after May 22, 2012.
SWA WOTC Coordinator
GEORGIABrenda YoungGeorgia Department of Labor148 INTERNATIONAL BLVD., SUITE 400ATLANTA, GA 30303-1751Phone: 404-232-3699Fax: 404-232-3684 Email: [email protected]
Factors To ConsiderFactors To Consider
Length of Veteran’s unemployment before hire.
Hours the Veteran works. First year’s wages paid. Employers who hire veterans with
service-related disabilities may be eligible for the maximum credit.
A Qualified Tax-Exempt Organization
Is “an employer that is an organization described in section 501(c) and exempt from taxation under section 501(a).” An agency or instrumentality of the federal government, or of a state, local or Indian tribal government, is not a qualified tax-exempt organization unless it is an organization described in § 501(c) that is exempt from tax under § 501(a).
Claiming The CreditClaiming The Credit
The credit is claimed on Form 5884-C against the employer’s share of social security tax.
It is recommended that employers not reduce their employment tax deposits in anticipation of the credit.
Identity Theft
Security and privacy of taxpayer information is a priority for the IRS. Through this, we maintain public trust in tax administration. Our mission is to:
– Ensure security of IRS systems and proper protection of personal information
– Prevent and detect cyber and other threats/vulnerabilities
– Educate on protecting information
Privacy at the IRS
Number one consumer complaint reported to the Federal Trade Commission for 11 years in a row – accounting for 19% of all complaints.
Javelin’s Identity Fraud Survey estimates 8.1 million victims of identity theft in the U.S. in 2010 – at a cost of $37 billion.
Incidents related to government benefits are the most common form, more complex and require more time and money to detect and resolve. ‘Average’ victim spends 141 hours and $2,104 out of pocket to resolve.
Identity Theft is a Persistent Threat to the American Taxpayer
“My overall goal as the IRS Commissioner is that when a taxpayer contacts us with an issue or concern, we have in place a seamless process that gets the issue resolved promptly.
From the perspective of an identity theft victim, that means when the taxpayer calls the IRS that they reach someone who is knowledgeable on the issue and who is able to take care of the problem quickly and permanently.” Douglas H. Shulman,
Commissioner, IRSSenate Finance CommitteeApril 10, 2008
Committed to Resolving Taxpayer Identity Theft
Identity Theft Can Impact Taxes
Scenario 1: Refund-Related CrimeIdentity thief uses stolen SSN to file forged tax return and obtain refund early in the filing season. Owner of SSN will be unaware until he files and the IRS discovers two returns filed using the same SSN. If electronic return is rejected, it may be because an identity thief has already filed a fraudulent return.
Identity Theft Can Impact Taxes
Scenario 2: Employment-Related CrimeIdentity thief uses a stolen SSN to obtain employment. The IRS will receive a W-2 or a Form 1099 from the employer reporting income on the account of the rightful SSN owner.
What the IRS is Doing….. Placing identity theft indicators on taxpayer
accounts to track and manage incidents.
Notifying taxpayers when they are victims of identity theft impacting their tax account.
Assisting taxpayers who are victims of identity theft. The Identity Protection Specialized Unit was established as the central point of contact for taxpayers who had their identity stolen.
Using business filters to analyze returns filed on identity theft victim accounts designed to accept legitimate returns and reject false returns.
What do Identity Theft Indicators do?
They prevent victims from facing the same problems every year.
Identify and track tax related identity theft problems
Distinguish legitimate from fraudulent returns
Measure the problem, monitor victims’ accounts and develop processes to resolve problems
Identity Theft IndicatorsWhat else do the identity theft indicators
do?
Reflect different types of identity theft…
Refund-related identity theft
Employment-related identity theft
No filing requirement
Lost my wallet
Taxpayer Accounts Marked with Indicators
Number of taxpayers’ accounts marked with an identity theft indicator has increased significantly over the last four years.
Identity Theft Indicators - Taxpayers Impacted 2008 to 2011
897,781
418,610
263,322
39,316
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,000
2008 2009 2010 2011
Notifying Identity Theft Victims When the IRS places an identity theft
indicator on a victim’s account, a notification letter is sent to them.
Notification letter provides the following:– Information on the incident– Statement that taxpayers account has been
reviewed, adjusted and resolved– Additional information on how to protect
themselves– Toll free number to contact the IRS if victims have
questions or concerns
The IPSU is staffed with specialists in tax-related identity theft. IPSU staff assist callers in resolving identity theft issues.
– Toll free – 800-908-4490 Available Monday - Friday, 8 am – 8 pm local time, for taxpayers to talk to IPSU staff when their tax account is affected by identity theft
– Taxpayers can self-report they are victims before it affects their tax account
– Taxpayers can submit documentation to substantiate their identity and verify being a victim of identity theft using the IRS identity theft affidavit (Form 14039)
Identity Protection Specialized Unit
Tax Return ReviewIdentity theft indicators direct tax returns in future years through a series of filters.
– Tax returns filed using the victim’s SSN pass through filters to ensure only legitimate returns are processed
– Questionable returns are reviewed to determine legitimacy – and rejected if fraudulent
Identity Theft Resources Go to IRS.gov, keyword ‘identity theft’ IRS works closely with other organizations:
– Federal Trade Commission – the lead Federal agency on identity theft. You can file an identity theft complaint online with them.
– OnGuard Online – www.onguardonline.gov Joint government site maintained by FTC, IRS, SSA and others to help consumers with identity theft issues.
– Identity Theft Resource Center – Nonprofit, national organization dedicated exclusively to understanding and prevention of identity theft.
Identity Theft Resources (cont.)Identity Theft Resources (cont.)
SSA.gov
IRS Publication 4535, ID Theft Prevention and Victim Assistance
Free Credit Reports – www.annualcreditreport.com– Equifax www.equifax.com– Experian www.experian.com– TransUnion www.transunion.com
If You Are an Identity Theft Victim…
Contact all of the following:
Financial institutions where you have an account
The three credit bureaus
Police to file a police report
Federal Trade Commission to file a report www.consumer.gov/idtheft/index
