Special Saturday TAC hours; Tax Forum video; apply to IRSAC; input on access to Appeals; LITC grants; and more
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Issue Number:? 2023-19Inside This Issue
1.? Taxpayer assistance centers open on Saturday, May 13, offering face-to-face help without an appointment The IRS will host special hours on Saturday, May 13, at more than 40 taxpayer assistance centers (TACs) offering additional in-person assistance for people who need help, and no appointment is necessary. The TACs will be open from 9 a.m. ? 4 p.m., in over 25 states, the District of Columbia and Puerto Rico. Visit IRS.gov for the TAC locations hosting these special Saturday hours. This news release is also available in Spanish and Simplified Chinese. 2.??Join us in-person at the IRS Nationwide Tax Forums; take advantage of the Early Bird rate This summer, the IRS will deliver its premier event for tax professionals in five cities across the country. The 2023 IRS Nationwide Tax Forums will take place at the following locations:
Take advantage of the Early Bird registration rate, available now until June 15, and earn up to 18 continuing education credits. Each Tax Forum offers more than 40 seminars and workshops on variety of federal and state tax issues presented by experts from the IRS and partner organizations from the tax community. In addition to continuing professional education, attendees get access to the popular Case Resolution Program as well as dozens of industry exhibitors and IRS offices in the Exhibit Hall. For more information and to reserve your accommodations, visit the IRS Nationwide Tax Forums website. You can also watch a video about this year?s program. 3.??Apply to serve on the 2024 Internal Revenue Service Advisory Council The IRS is accepting applications for the 2024 Internal Revenue Service Advisory Council (IRSAC) through May 31. The IRSAC serves as an advisory body to the IRS commissioner and provides an organized public forum for discussion of relevant tax administration issues between IRS officials and representatives of the public. IRSAC members are appointed to three-year terms by the IRS commissioner and submit a report to the commissioner annually at a public meeting. The IRS is accepting applications for terms that begin in January 2024. More information, including the application form, is available on the IRSAC webpage. 4.??Public input wanted to improve nationwide access to Independent Office of Appeals The IRS Independent Office of Appeals invites public input on how best to improve access for taxpayers who do not live near an Appeals office. Visit IRS.gov for how you and your clients can submit comments by the July 10 deadline. Appeals resolves federal tax disputes without litigation in a way that is fair and impartial to taxpayers and the government. 5.??2024 Low Income Taxpayer Clinic grant application The IRS is accepting applications for Low Income Taxpayer Clinic (LITC) matching grants from all qualified organizations now through June 26. The funding and the period of performance for the grant will be Jan. 1, 2024, to Dec. 31, 2024. Visit IRS.gov for information about the qualifying criteria and the application. This news release is also available in Spanish. 6.??IRS offers tips on preparedness, how to protect personal information during natural disasters In recognition of National Hurricane Preparedness Week and National Wildfire Awareness month, remind your clients to protect important tax and financial information as part of a complete emergency preparedness plan. Visit IRS.gov for tips to help taxpayers protect personal financial and tax information. This news release is also available in Spanish and Simplified Chinese. 7.??Webinars for tax practitioners Tax pros: Here are some upcoming webinars for the tax practitioner community. For more information or to register, visit IRS.gov.
8.??IRS improves initial guidance for domestic content bonus credit The Department of Treasury and the IRS issued Notice 2023-38 for owners of green energy projects, such as wind, solar and energy storage technologies. This notice of intent to propose regulations provides initial guidance regarding the application of the rules that taxpayers must satisfy to qualify for the domestic content bonus credit amounts and the related record keeping and certification requirements. See the Technical Guidance section below for more details. 9.??News from the Justice Department?s Tax Division The United States filed a complaint in the U.S. District Court for the Southern District of Florida seeking to bar nine Florida tax return preparers and their associated business from assisting in the preparing of federal income tax returns for others. According to the complaint, one scheme used by the defendants was to claim fraudulent Residential Energy Credits on their customers? tax returns. They also allegedly falsified and overstated business and itemized deductions on their customers? tax returns and prepared tax returns for customers claiming the incorrect filing status. As alleged in the complaint, based on the returns it has examined, the IRS estimates that the United States has lost millions of dollars in tax revenue as a result of defendants? actions. A federal court in the Southern District of Texas has permanently enjoined Hollins Ray Alexander, a Houston-area tax return preparer from preparing federal tax returns for others and from owning, operating, or franchising any tax return preparation business in the future. The court also required Alexander to disgorge $165,940 to the United States in tax preparation fees. 10.? Technical Guidance Notice 2023-38 provides the general rules taxpayers must satisfy for the domestic content bonus credit under sections 45, 45Y, 48 and 48E. Notice 2023-39 describes proposed amendments to the Income Tax Regulations (26 CFR part 1) under section 148 of the Internal Revenue Code (Code) that the Department of the Treasury and the Internal Revenue Service intend to issue (forthcoming proposed regulations) regarding an exception to the arbitrage investment restrictions under section 148 applicable to bonds the interest on which is excludable from gross income under section 103(a) (tax-exempt bonds).
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