Filing season starts Jan. 23; NTA's 2022 Annual Report to Congress; tax relief for CA storm victims; and more

Bookmark and Share [ [link removed] ]

a { color:#0073AF !important;} a:hover { color:#004673 !important;}
IRS.gov Banner
e-News for Tax Professionals January 13, 2023

Useful Links:

IRS.gov [ [link removed] ]

Tax Professionals Home [ [link removed] ]

All Forms and Instructions [ [link removed] ]

Stakeholders Partners' [ [link removed] ]
Headliners [ [link removed] ]

Training and [ [link removed] ]
Communication Tools [ [link removed] ]

e-Services [ [link removed] ]

Taxpayer Advocate?Service [ [link removed] ]

Disaster Relief [ [link removed] ]

Internal Revenue Bulletins [ [link removed] ]

IRS Social Media [ [link removed] ]

________________________________________________________________________

Upcoming Events

Seminars, Workshops, Conferences, and Other Practitioner Activities By State:

Nationwide Webinars [ [link removed] ]

Alabama [ [link removed] ]
Alaska [ [link removed] ]
Arizona [ [link removed] ]
Arkansas [ [link removed] ]
California [ [link removed] ]
Colorado [ [link removed] ]
Connecticut [ [link removed] ]
Delaware [ [link removed] ]
District of Columbia [ [link removed] ]
Florida [ [link removed] ]
Georgia [ [link removed] ]
Hawaii [ [link removed] ]
Idaho [ [link removed] ]
Illinois [ [link removed] ]
Indiana [ [link removed] ]
Iowa [ [link removed] ]
Kansas [ [link removed] ]

________________________________________________________________________

Kentucky [ [link removed] ]
Louisiana [ [link removed] ]
Maine [ [link removed] ]
Maryland [ [link removed] ]
Massachusetts [ [link removed] ]
Michigan [ [link removed] ]
Minnesota [ [link removed] ]
Mississippi [ [link removed] ]
Missouri [ [link removed] ]
Montana [ [link removed] ]
Nebraska [ [link removed] ]
Nevada [ [link removed] ]
New Hampshire [ [link removed] ]
New Jersey [ [link removed] ]
New Mexico [ [link removed] ]
New York [ [link removed] ]
North Carolina [ [link removed] ]

________________________________________________________________________

North Dakota [ [link removed] ]
Ohio [ [link removed] ]
Oklahoma [ [link removed] ]
Oregon [ [link removed] ]
Pennsylvania [ [link removed] ]
Rhode Island [ [link removed] ]
South Carolina [ [link removed] ]
South Dakota [ [link removed] ]
Tennessee [ [link removed] ]
Texas [ [link removed] ]
Utah [ [link removed] ]
Vermont [ [link removed] ]
Virginia [ [link removed] ]
Washington [ [link removed] ]
West Virginia [ [link removed] ]
Wisconsin [ [link removed] ]
Wyoming [ [link removed] ]

________________________________________________________________________

Back to top [ #top ]


Issue Number: 2023-02

Inside This Issue

* Filing season starts Jan. 23 [ #First ]
* Taxpayer Advocate delivers 2022 Annual Report to Congress [ #Second ]
* California storm victims qualify for tax relief [ #Third ]
* Electronic Tax Administration Advisory Committee is accepting membership applications through Jan. 31 [ #Fourth ]
* Form 1099-K issued in error? Visit IRS.gov for answers to FAQs [ #Fifth ]
* Webinars for tax practitioners [ #Sixth ]
* Basic questions, answers about the limitation on the deduction for business interest expense [ #Seventh ]
* News from the Justice Department?s Tax Division [ #Eighth ]
________________________________________________________________________

*1.??Filing season starts Jan. 23*________________________________________________________________________

The IRS set Monday, Jan. 23, as the beginning of the nation?s 2023 tax season [ [link removed] ], when the agency will begin accepting and processing 2022 tax year returns. With the three previous tax seasons dramatically impacted by the pandemic, the IRS has taken additional steps for 2023 to improve service for taxpayers. As part of the August passage of the Inflation Reduction Act, the IRS has hired more than 5,000 new telephone assistors and added more in-person staff to help support taxpayers. This news release is also available in Spanish [ [link removed] ] and Simplified Chinese [ [link removed] ].

Back to top [ #top ]

________________________________________________________________________

*2.??Taxpayer Advocate delivers 2022 Annual Report to Congress*________________________________________________________________________

National Taxpayer Advocate Erin Collins released her 2022 Annual Report to Congress [ [link removed] ], saying taxpayers and tax professionals "experienced more misery in 2022" due to paper processing delays and poor customer service. But the report also says the IRS made considerable progress in reducing the volume of unprocessed tax returns and correspondence and is poised to start the 2023 filing season in a stronger position. The Advocate's report [ [link removed] ] assesses taxpayer service during 2022, identifies the 10 most serious problems taxpayers are experiencing in their dealings with the IRS and makes administrative and legislative recommendations to address those problems.

Back to top [ #top ]

________________________________________________________________________

*3.??California storm victims qualify for tax relief*________________________________________________________________________

California storm victims [ [link removed] ] now have until May 15 to file various federal individual and business tax returns and make tax payments. Individuals and households that reside or have a business in any area designated by the Federal Emergency Management Agency (FEMA) qualify for tax relief. The tax relief postpones various tax filing and payment deadlines that occurred starting on Jan. 8. This news release is also available in Spanish [ [link removed] ] and Simplified Chinese [ [link removed] ].

Back to top [ #top ]

________________________________________________________________________

*4.??Electronic Tax Administration Advisory Committee is accepting membership applications through Jan. 31*________________________________________________________________________

The IRS is seeking qualified applicants for nomination to the Electronic Tax Administration Advisory Committee [ [link removed] ] (ETAAC). Individuals chosen for membership will serve three-year terms beginning in September 2023. Applications will be accepted through Jan. 31. For more information about ETAAC, the application process and qualification criteria, visit IRS.gov/etaac [ [link removed] ].

Back to top [ #top ]

________________________________________________________________________

*5.? Form 1099-K issued in error? Visit IRS.gov for answers to FAQs*________________________________________________________________________

Tax pros: Think a Form 1099-K has been issued in error? Contact the filer whose name and contact information appears in the upper-left corner on the front of the form, or the payment settlement entity shown in the lower-left side of the form. Visit IRS.gov for additional answers to frequently asked questions [ [link removed] ] about the Form 1099-K. As a reminder, the IRS announced a delay in reporting thresholds for third-party settlement organizations [ [link removed] ]. As a result, third-party settlement organizations will not be required to report tax year 2022 transactions on a Form 1099-K to the IRS or the payee for the lower, $600 threshold amount enacted as part of the American Rescue Plan of 2021.

Back to top [ #top ]

________________________________________________________________________

*6.??Webinars for tax practitioners*________________________________________________________________________

The IRS is offering the following webinars for the tax practitioner community. For more information or to register, visit IRS.gov [ [link removed] ].


* *2023 IRS/CSEA Practitioner Seminars* on Jan. 18-19. Earn up to 9 hours of IRS qualified CPE (includes 2 hours of federal Ethics). Plus, an additional 1 hour of California CE (no IRS credit).
* *Looking to Tax Year 2022: American Rescue Plan Tax Changes to Earned Income Tax Credit and Other Child-Related Credits* on Jan. 19 at 2 p.m. EST. Earn up to 1 continuing education (CE) credit.
* *Estate and Gift Tax* on Jan. 31 at 2 p.m. EST. Earn up to 1 CE credit.
* *Streamlined Filing Procedures for U.S. Citizens Abroad* on Feb. 1 at 10 p.m. EST. Earn up to 2 CE credits.
* *Practical Considerations ? Foreign Tax Credit* on Feb. 7 at 2 p.m. EST. Earn up to 2 CE credits.
* *K2/K3 with a Focus on the Foreign Tax Credit ? Individuals* on Feb. 9 at 2 p.m. EST. Earn up to 2 CE credits.

Tax professionals are also encouraged to visit the IRS Nationwide Tax Forums Online [ [link removed] ] for additional continuing education opportunities.

Back to top [ #top ]

________________________________________________________________________

*7.??Basic questions, answers about the limitation on the deduction for business interest expense*________________________________________________________________________

Visit IRS.gov for updated answers to some basic questions about the limitation on the deduction for business interest expense [ [link removed] ], also known as the "section 163(j) limitation." Prior to the 2017 Tax Cuts and Jobs Act (TCJA), section 163(j) of the Internal Revenue Code applied only to certain interest paid or accrued by corporations. However, the TCJA significantly changed the section 163(j) limitation. On March 27, 2020, section 163(j) was further amended by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. These questions and answers address the section 163(j) limitation after amendments by the TCJA and the CARES Act.

Back to top [ #top ]

________________________________________________________________________

*8.??News from the Justice Department?s Tax Division*________________________________________________________________________

Sergio Sosa [ [link removed] ], a Utah professional tax preparer, was sentenced to 37 months in prison for tax evasion, conspiring to defraud the United States and obstructing the IRS?s efforts to collect his tax debt. In addition to the term of imprisonment, Sosa was ordered to serve 36 months of supervised release and to pay more than $1.1 million in restitution to the United States.

Back to top [ #top ]

________________________________________________________________________

?

FaceBook Logo [ [link removed] ]??YouTube Logo [ [link removed] ] ?Instagram Logo [ [link removed] ]? Twitter Logo [ [link removed] ] ?LinkedIn Logo [ [link removed] ]

________________________________________________________________________

Thank you for subscribing to e-News for Tax Professionals an IRS e-mail service.

If you have a specific concern about your client's tax situation, call the IRS Practitioner Priority Service 1-866-860-4259.

This message was distributed automatically from the mailing list e-News for Tax Professionals. *Please Do Not Reply To This Message *

To subscribe to or unsubscribe from another list, please go to the e-News Subscriptions [ [link removed] ] page on the IRS Web site.



?

________________________________________________________________________

Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page [ [link removed] ]. You will need to use your email address to log in. If you have questions or problems with the subscription service, please contact subscriberhelp.govdelivery.com [ [link removed] ].

This service is provided to you at no charge by the Internal Revenue Service (IRS) [ [link removed] ].


body .abe-column-block {min-height: 5px;} ________________________________________________________________________

This email was sent to [email protected] by: Internal Revenue Service (IRS) ? Internal Revenue Service ? 1111 Constitution Ave. N.W. ? Washington DC 20535 GovDelivery logo [ [link removed] ]
body .abe-column-block { min-height: 5px; } table.gd_combo_table img {margin-left:10px; margin-right:10px;} table.gd_combo_table div.govd_image_display img, table.gd_combo_table td.gd_combo_image_cell img {margin-left:0px; margin-right:0px;}