March 4, 2017
by Australian tax

7 Cоmmоn Tаx Mistakes

Thеrе аrе ѕоmе соmmоn tаx mistakes thаt mаnу people make when fіlіng thеіr rеturnѕ. If уоu wаtсh оut fоr thеѕе mіѕtаkеѕ, уоu саn help to ѕрееd uр thе рrосеѕѕ and gеt уоur tax rеturn mоrе ԛuісklу. Thеѕе аrе ѕеvеn соmmоn tаx mіѕtаkеѕ that уоu can аvоіd.

  1. Sосіаl Sесurіtу Numbеr

Onе оf the most соmmоn mistakes thаt реорlе mаkе оn thеіr tax rеturn is оmіttіng thеіr Sосіаl Security numbеr оr рuttіng аn іnсоrrесt Sосіаl Sесurіtу number оn their tаx rеturn. In fасt, thоuѕаndѕ of tаx rеturnѕ аrе ѕubmіttеd tо thе IRS еvеrу уеаr with mіѕѕіng оr incorrect Sосіаl Security numbеrѕ. Making this mіѕtаkе wіll ѕlоw thе processing оf уоur tаx rеturn. Thе IRS wіll rеjесt уоur dеduсtіоnѕ аnd еxеmрtіоnѕ. If уоu аrе ѕuрроѕеd tо get a refund, іt wіll bе delayed. If you оwе taxes, you соuld bе subjected to lаtе fееѕ.

Thеrе іѕ a surefire way to avoid mаkіng this mistake. Chесk your Sосіаl Sесurіtу numbеr аnd thе numbеrѕ оf аll your dереndеntѕ. Gеt out аll оf your Sосіаl Security numbеrѕ, аnd vеrіfу thеm аѕ уоu еntеr thеm оntо уоur tаx rеturn. It оnlу tаkеѕ a minute, and іt can ѕаvе a ѕіgnіfісаnt amount оf tіmе іn the рrосеѕѕіng оf your tаx rеturn аnd dеlіvеrу of уоur refund.

  1. Omіttіng Inсоmе Verification

Mаnу реорlе inadvertently omit vеrіfісаtіоn оf their sources оf іnсоmе whеn filing their tаx returns. You muѕt have a W-2 оr 1099 for every ѕоurсе of income. If уоu dоn’t include thеѕе dосumеntѕ with уоur tаx return, it raises ԛuеѕtіоnѕ with thе IRS. Thіѕ соuld prompt the IRS to conduct аn аudіt. It’ѕ muсh еаѕіеr tо juѕt provide thе appropriate dосumеntаtіоn thе fіrѕt tіmе аrоund than to undеrgо аn аudіt lаtеr. If уоur еmрlоуеr hаѕn’t provided уоu with thе tаx fоrmѕ thаt you need, gіvе thеm a саll аnd request a W-2 оr 1099.

  1. Mаth Errоrѕ

Yеѕ, there аrе ѕtіll реорlе who fіlе thеіr taxes uѕіng a рареr, реn, аnd calculator. This can (аnd dоеѕ) lеаd tо ѕіmрlе mathematical errors, whісh саuѕе bіg рrоblеmѕ. This can result іn оvеrрауmеnt оf tаxеѕ оr ѕасrіfісіng a refund. Dоublе аnd trірlе check уоur саlсulаtіоnѕ, or use tax preparation software that dоеѕ аll thе саlсulаtіоnѕ fоr you.

  1. Clаіmіng Credits and Dеduсtіоnѕ

Mаnу реорlе іnсоrrесtlу сlаіm сrеdіtѕ and deductions to which thеу аrе nоt еntіtlеd, or dо not сlаіm the credits аnd dеduсtіоnѕ fоr whісh they actually are еlіgіblе. If you miss оut on claiming thе dеduсtіоnѕ thаt уоu qualify for, you саn еnd up оvеrрауіng. Hоwеvеr, іf you сlаіm a credit or deduction tо whісh уоu аrе nоt еntіtlеd, іt саn bе perceived bу the IRS as tаx еvаѕіоn. If уоu аrеn’t ѕurе, gеt рrоfеѕѕіоnаl аdvісе.

  1. Omіttіng Date аnd Sіgnаturе

Thе IRS wіll nоt ассерt уоur tаx return if іt is nоt ѕіgnеd аnd dаtеd. Thіѕ соuld lеаd tо уоur rеturn bеіng considered lаtе ѕіmрlу bесаuѕе уоu forgot to sign and dаtе іt, resulting іn fees аnd реnаltіеѕ. If you E-fіlе уоur return, уоu саn ѕіgn іt electronically.

  1. Fіlіng Lаtе

If уоu know that уоu won’t be аblе to fіlе your tаxеѕ оn tіmе, rеԛuеѕt аn еxtеnѕіоn іn аdvаnсе оf thе dеаdlіnе. If уоu dоn’t file аnd dоn’t rеԛuеѕt an еxtеnѕіоn, уоu wіll be charged late fees.

  1. Omіttіng Pауmеnt

If you end uр owing the IRS whеn you fіlе уоur tаxеѕ, bе ѕurе tо іnсludе уоur рауmеnt wіth уоur return. Wrіtе your Sосіаl Sесurіtу numbеr, tаx fоrm numbеr and tax уеаr on уоur сhесk or mоnеу оrdеr іn оrdеr tо ѕрееd thе рrосеѕѕіng оf уоur rеturn.

August 29, 2016
by Australian tax

Where are my tax refunds?

Tax is the money paid to the authorities or a toll given to the government. It is implemented on the local personal by law enforcing bodies; failure to pay tax is amenable to punishment. Tax can be direct or indirect and maybe paid in currency or labor analogue.

Tax return or tax refund is the reimburse of tax when the tax accountability is less than the tax defrayed. Taxpayers can claim their tax returns if they indebted less than the total they defrayed and additional refundable tax credits they claim.

Are you residing in Australia??

If you are residing in Australia, then you are also liable to pay tax. All those individuals who are living or studying in Australia for 6 months or more are entitled to pay their tax. If you want to claim your tax returns, the best solution is to contact .

Who is Tax Return24/7?

Tax Return 24/7 is Melbourne based Australia’s leading Tax return service helping Australians with their tax refund since 2012. Their services are not only confined to Australians but people residing abroad as well. They give you the advantage of feeling secure that wherever you are can contact them, and they give you professional advice. Their client satisfaction is 100 percent as a rabble of Australians claims tax returns; if their tax is unlogged, they can get a penalty from ATO (Australian Taxation Office).

Individuality of Tax Return24/7:

  • Available 24 hours a day and 7 days a week.
  • Charge fee of $99 from refund fee
  • Tax return over the phone in 10 minutes
  • Maximum refund is guaranteed

How Tax Return24/7 can help you?

As they manage their clients on calls, what you need is first to call them via landline or mobile with all the necessary documentation on front desk and also your tax file number and follow these steps:

  1. Call at 1300 TAX 247 or enter their online form on their website and assign an appropriate time for them to call you.
  2. A professional tax officer will contact you, you can advance your expected tax refund on the same day, with nothing to pay upfront. Any supporting information can be sent via text message call or email.
  3. Tax refund agent will sign off on your tax refund, and you’ll get your tax refunds within few days.

What is company tax refunds service?

It’s the service provided to many small and medium scale businesses. With preparation time frame of 3 days and economical price span, they provide the best service to entrepreneurs. All you need is to call at 1300 884 382 or visit their website .

How much fees do they charge?

The price list of their return is as follows:


Basic individual tax returns                                                                                           $ 99

Fee from Refund                                                                                                                    $ 10



Schedule – Rental Property                                                                                               $ 79.95

Schedule – CGT (each event a separate schedule & charge)                                      $ 49.95

Schedule – Business Schedule                                                                                          $ 49.95

Sole Trader Tax Refund                                                                                                     $ 200

Partnership Tax Return                                                                                                $ 250

ABN/TFN Registration                                                                                                     $ 100




Company Formation                                                                                                            $ 700

Trust Formation with personal Trustee                                                                           $ 600

Trust with Corporate Trustee                                                                                            $ 990

Company Tax Return + Financial Statements                                                               $ 1200

Trust Tax Return + Financial Statements                                                                      $ 1200

BAS lodgment based on numbers provided by client                                                    $ 50

BAS lodgment including preparation of quarterly accounts                                       $ 300

Click here.

Tax Return

May 1, 2016
by Australian tax

How to Fix Mistakes on Your Tax Return

It is very common to make mistakes on your tax return but you don’t have to worry if you’ve missed something or forgot to mention a deduction or tax credit because you can amend these mistakes using an amended return. If you realize that you have left something out or made an error, you should request an amendment as soon as possible. Because sometimes there are certain limits to making corrections and you might have to pay in terms of interest or penalties for the mistakes or wrong information. Below are some tips that can be helpful while amending your tax return:

When do you amend your tax return?

There are many reasons why should amend your tax return. For example if you have wrongly mentioned your filing status or your income or forgotten to claim an offset etc.

When you don’t amend your tax return?

In case of any math errors in your tax returns, they usually correct them. If a form is missing, they’d request you to add the missing form too.

Time limits

Mostly the time in which you can correct or change a tax return is four years after you have been notified for assessment depending on the kind of tax. In case of income tax for most individuals or small businesses, the “Period of Review” is two years and four years for other taxpayers.view website here!

Below are instructions on how you can request a change or correction in your tax return, statements or other claims.

1. You should make a copy of everything that you have sent to us when you asked for amendment(s)

2. If you’ve corrected the mistake, keep the record for at least five years. You’d have to keep the records until the end of your period of review.

If you think the Australian Taxation office has made a mistake processing your tax return, you can phone them asking for an amendment.

Lodge an objection:

You can use the process of amendment to make sure all the mistakes are corrected in your tax return. If you think that the ATO has made a mistake and the facts or figures that they’ve used are not correct and you want to dispute the law then you’d have to lodge an objection.

Voluntary disclosure

● If in accordance to the amendment, the tax that you owe is lowered, you’ll receive a tax refund, that is if you have no other tax debts to pay.

Tax Return

● If the amendment results in increasing your tax than the previous amount, the ATO would think of it as a case of voluntary disclosure of unpaid tax. You’ll still have to pay for any other unpaid taxes. But you’ll probably get concessions on different penalties or fines and other interest charges.

Tax Return 24/7 is the best way to claim tax refunds in the most efficient way. They specialize in getting your tax return complete over the phone at anytime and anyplace. They are a team of experiences tax consultants that operate in Australia but they give services to clients worldwide. Get further details on their website,

November 1, 2015
by Australian tax

Tourist Tax Refund Scheme

Most tourists have the option for getting tourist tax refunds when they are visiting and paying taxes on goods that they have bought. Not many tourists are aware that you can actually claim the taxes that you have paid on certain items when visiting Australia. Here is everything that you need to know about the tourist tax refund scheme.

What is the tourist tax refund scheme?

When you are a tourist and you bought certain products in Australia, you can claim the tax back that you have paid on these items. The tourist tax refund scheme also known as TRS. You can claim the TRS not only for products that you bought, but also services that you used. You can claim tax on the GST or goods and service tax back.

The TRS is available to every tourist that is visiting Australia and has bought goods or services while in the country. You will find the TRS Australian Customs and Border Protection Services. Only operating air crew can’t make use of this service. More details here!

What you need to know before you can claim at that TRS

Before you can claim with the tourist tax refund scheme, you need to meet some of the criteria set by the TRS. Here are some of the things that you should know about claiming from the TRS and their criteria.

  • You should have spent more than $300 in one business. You can’t claim for these tax refunds if you have spent $300 or more in Australia. It must be in one business alone.
  • You should have bought the stuff no more than 60 days before departure from Australia. This means that you can’t claim the stuff that you have bought more than two months before you left the country.
  • You must be able to carry the goods as hand luggage when you are departing from the airport. There’s some products that you are not allowed to carry as hand luggage, which needs to be checked in.
  • You should have paid for the stuff yourself and have the proof to show that you have paid it yourself.
  • You need to have the original tax invoice for the goods that you have bought that you want to claim the tax for.

Mobile and web TRS apps

You don’t have to visit the TRS anymore. There is a TRS app available that you can use to claim your tax refund back on the products that you have bought in Australia. This makes claiming back the tax so much more convenient and easy, especially if you have already left the country.

With this app, all that you need to do is to enter your personal details, and the details of the products and their descriptions, and the method that you want to get the refund in. With using this app, the whole process will be done a lot faster.

You can claim against the TRS for certain products and services that you have bought as a tourist in Australia. There are some criteria that you need to meet before you can claim, but there is a big possibility that you can get some tax refunds on these products, when you leave the country.

Read our featured post here for more details:

Tax File Number

October 24, 2015
by Australian tax

Lost TFN? 5 Ways to Find Your Tax File Number

Tax returns are so important but you cannot submit a return without your TFN. Now, your tax file number is one of the most important factors you need when it comes tax time because this number stays with you forever. This number basically identifies you to the government and you’ll have to find a way to safely store it but if you should lose your number, what happens? Here are a few ways to find the number.

Check Your Tax Letters

When the tax year ends, usually the government sends out a letter to say you need to submit another tax form and this may allow you to find your TFN. You should first look at any tax documents you have and search for the tax file number. It should state somewhere the number but if not, don’t worry, there are other options for you to try. If unsure, check out for more information.

Payment Statements

If you pay any outstanding tax amounts to the government, you should have some sort of statement or paperwork. There should be some form of documentation to state the payments made and if you have this, you should be able to find your TFN. It may be at the top of the page; which is used to help identify you. You will need your TFN to submit tax returns in the future in Australia.

Letters from Tax Assessment Letters

When tax time comes and you need to submit tax returns, you will need your TFN and should be able to find this from any tax assessment letters. Now, some may not receive letters but usually you will and if so, then from here you should be able to locate the necessary numbers you need. If not, you may have to try other documents to find your number.

Contact the Australian Tax Office for Your Tax File Number

You could always call the ATO and ask for a copy of your TFN to be sent to you or they may decide to tell you over the telephone. This does vary however but usually contacting the authorities should allow you to locate the number without too much difficulty. If you aren’t able to get through, you should try a few times and if not, write.visite the website now:

Try Your Superannuation Member Statement

If all else fails, you should locate your TFN on any superannuation member statement. It shouldn’t be too difficult to find your tax file number but you have to remember it’s important to have this at hand. It is needed for a variety of things including to submit tax returns.

Submit Your Tax Returns Successfully

Tax File Number

Whenever you find your tax file number you should be able to submit your tax returns online or in paper form easily and without trouble. Of course, if you have some issues still with your TFN, then you may need to contact the government again and ask to get the number. Remember, if you haven’t registered for a TFN, you will need to register.

Keep Your Number Safe

When you are given a tax file number, you should ensure this number is kept safe and secure. Now, keep the letter with the number in a safe location and if you should lose this, you should keep a note somewhere safe to ensure it doesn’t get lost or stolen. If you don’t have this number and you should ever need it, when filing a return, you will have some difficulty. When you want to file tax returns in Australia, you will need your TFN so keep it safe somewhere.


October 24, 2015
by Australian tax

The Education Tax Refund in Australia

There are lots of tax refunds when it comes to the Australian tax system and you need to be aware of what you may be eligible for. One of the biggest refund there is, is the education tax refund which has become a very sought after refund for most families. The reason why is simply because this refund could help save thousands of families a few hundred or thousand dollars each and every year.

What Is The ETR?

The ETR or the education tax refund has been around for only a short period of time but it has fast become a very popular tax refund available today. It allows families to get back almost half of their children’s expenses due to education. The amounts vary from primary school children to those in secondary school. For more info check out

How Much Will The Refund Be?

Every family’s tax refunds will vary though, for every child who is in primary school education, the family can receive seven hundred and fifty dollars. For children in secondary school, the families will receive fifteen hundred dollars; but that is per child so if there are two children in secondary school the family will receive a refund of three thousand dollars. The amounts can vary per child however, if you are eligible for the refund, you should receive the money.

Certain Expenses Can Be Claimed For

It is now possible to claim for a variety of school equipment for the children such as computers, educational tools and books and many other things. Everything you are spending on your children when it comes to their schooling should be kept in order to be eligible for any refunds. You can find out more at

Are All Families Eligible For Tax Refunds?

It may all depend on the amount of income the family home brings in as well as what expenses you are claiming for. For example, if you are trying to claim back certain school holiday costs, you may not get these deductions but it does vary. There are going to be some tax refunds you are eligible to receive and some refunds you are not eligible for.

How Can You Claim ETR?

Firstly, ETR cannot be claimed until the end of the tax year and when you submit your yearly tax return in order to get your tax refunds. All receipts about the schooling costs should be kept so that you can show proof of what you have paid in order to be given any refunds back. Now, it shouldn’t be too difficult to make a claim if you are eligible and there will be a section for ETR.see for more information.


Ensure Your Tax Returns Are Completed On Time

If you haven’t filled out the appropriate sections in your tax returns then you may not receive any refunds back. You must fill out the necessary information at the end of the tax year in order to get your refund, if you don’t, the refund may not be given even if you are eligible for the refund. If you need to know more, check out for more information.

Corporate Tax Advisor

October 24, 2015
by Australian tax

Make Sure Maximum Tax Refund with a Corporate Tax Advisor

Filing a tax return is a nightmare and so many people aren’t really sure how they get a refund from their taxes. Well, in all honesty, everyone isn’t eligible for a refund; it all depends on their circumstances and how much someone has paid to the government. So, how to get maximum refunds when you use a tax advisor?

How Is A Tax Refund Given?

There are a number of reasons why someone may be eligible for a refund. For a start, you may have changed jobs or may have used a tax code which is wrong. If this is the case, you may be given a refund. However, you may also be eligible for a tax refund if you have only worked part of the year or work part time. There is a huge list of reasons why you might be eligible for a refund.

When Should You Get A Refund?

If you think you have paid too much tax or are in line for a refund, you need to submit the tax return form and fill out the right forms to say why you think you have overpaid. If you have an eligible reason to receive a refund, then you should be given the refund within a short period of time. If you aren’t eligible for a refund then you will not receive any money but you may be told about the reasons why you aren’t able to get a refund.see post here!

Hire an Advisor

One of the biggest reasons to hire a tax advisor must be to ensure you are getting an expert who knows what he or she is doing. Experts know all about taxes and the tax system and will know who should be getting a refund and who shouldn’t. They are always knowledgeable about the system and understand when the refunds are needed and know how to ensure their clients get the tax refund quickly.

Not Too Costly

Another great reason to look at a corporate tax advisor would be because they don’t charge that much. OK, you still have to pay for their help but if you are eligible to get a tax refund then it isn’t going to be something you have to worry about. They may be the best people to help you when you believe you are eligible for a refund.use this link for more details:

Do You Need To Use A Corporate Tax Advisor?

Corporate Tax Advisor

Let’s be honest, when it comes to getting a maximum tax refund, you need to ensure you use a tax advisor. The reason why is simply because these are the people who can help deal with all areas and ensure they don’t contain any errors. You really need to consider using an advisor to ensure everything is done above aboard and legal. When you have issues with a tax return, you may find an advisor can help you.

Get the Refund You Deserve

There are going to be times when you should received a refund because you have overpaid tax or just have been coded wrongly. No matter the reason, you should get the refund you are entitled to and with the help of a tax advisor, you might just be able to get the maximum tax refund you deserve.

Australian Tax Works

October 24, 2015
by Australian tax

How Australian Tax Works

Filing tax returns can be something most people hate but then again, a lot of people don’t actually know how the Australian tax works. Whether you are going to start your own business or otherwise, you need to understand how the Australian tax system works to ensure you don’t make a wrong move. It can be complicated but once you know what you’re doing, you hopefully won’t find it too difficult.

The Tax Years

Usually the tax year runs from the 1st of July of one year to the 30th of June the following year. You should always get this clarified if unsure and if you aren’t sure, look at for more information. Mostly, the tax year dates won’t change much unless the government passes a bill on this amount but even so, double check the dates so that you know.

Who Will Need To File Tax Returns?

If you have earned over a specific amount and have worked in Australia then you will need to file a tax return and send it to the ATO, the Australian Tax Office. Now, if you have worked on and off for the past year, you may still need to submit a returns form. If you have only worked for part of the year or haven’t earned a great deal of money, you may need to fill out the necessary forms. For more information about whether or not you need to file a return,redirect here for more details!

What Should Be Included In a Returns Form?

Most returns forms will contain the basic of information such as your name, address and other personal details. You will also need to state how much income you have received in the past tax year as well as ensure you try to fill out the forms correctly and accurately as possible. Tax returns also need to be filled out by you or by a registered tax agent. No one should be filing out a return on your behalf unless it’s by an agent.

Is Everyone Eligible for a Refund?

Thousands of people each year receive a refund after they have submitted their tax return but you may not be eligible. Refunds don’t always occur and the amount will vary for every individual. There may be some who owe the government money which could mean they aren’t able to get refunds while others might not have worked enough throughout the year to obtain a refund. Tax returns and refunds vary.

Can Returns Be Completed Online?

Most people now-a-days do everything online and it may be possible to complete a return and file it online. This may very well be the future of all tax returns so it may be better for most to submit online instead of dealing with a paper version. However, you still need to be careful of what you are submitting and ensure everything is correct to your knowledge. Any errors need to be corrected as soon as you spot them.continue reading this site:

Australian Tax Works

Know the System

It doesn’t matter if you have worked part time or full time, some knowledge about how the tax system works is important. Of course, it can be very complicated for the smartest person out there but still, try to understand a little and hopefully it shouldn’t always remain a mystery to you. Find out more information at for more information.

Tax Laws

October 24, 2015
by Australian tax

How Small Business Are Benefiting From Tax Laws

The latest changes in the tax rules have definitely put little companies in a limited identify. There is no doubting this reality. But that in no way indicates that little companies cannot work their way around it to be able to reduce the consequences of such competitive tax rules. To begin with, competitive year-end tax techniques is not what little enterprise proprietors should be financial upon at this point of time. Your tax techniques should not be strict. They should be versatile enough to provide advantages or failures suffered due to pre-planned or unexpected guidelines.

A little enterprise cannot always strategy all its costs in enhance. It is well known that there are periods when a entrepreneur needs to push more cash into the project than was organized to be able to protect up some additional initiatives that the organization is probably making that could be relevant to marketing, improved manufacturing, etc.

Alternatively, there are periods when a organization is not able to invest as much as it set out to due to some factors. This is why preparing taxation in enhance makes them limited to a strategy and incapable to create changes that would advantage them in the long run.moved here!

It is sensible that you try and increase your reductions to be able to reduce your taxation. When following this guidance, keep a tab on the moment. In case you’ve had a particularly bad season economically, and you do not anticipate a modify from this in the next season too, you would be placed in a reduced tax segment. So you do not need to take reductions right now, as your taxation would already be low. If things convert around however, you will be placed in the greater tax segment, and this is when you should apply your reductions strategy.go to the website now:

Tax Laws

It is important that you as a entrepreneur know that when you invest $1, it is not $1 value of tax compensated, but $1 value of investment property. So don’t just go about cash quickly for no reason to preserve tax.

The most generally organised incorrect idea around year-end tax preparing is that it is sensible to ‘zero out your organization financial consideration by 12/31′. While this is a good way to delay existing seasons taxation into the next seasons it will not outcome in any finish tax deferral. You should create your organization’s tax techniques maintaining the above factors in the hindsight.

Federal Shutdown

October 24, 2015
by Australian tax

Federal Shutdown 101: So what happens with my taxes?

Congress failed to come to a budget agreement in the late hours of September 30, forcing a mandated federal government shut down for “non-essential” services, or in real terms, mandatory furlough for thousands of government employees.

Services that aren’t impacted by the shutdown, or that are considered essential under the Anti-Deficiency Act, are those that protect life or property or that may be otherwise authorized by law. Examples of services that won’t be affected are Air Traffic Controllers, TSA and related security at airports, Department of Homeland Security, and Federal Courts, though if the shutdown lasts more than 10 days, Federal courts will begin furloughing non-essential employees.

The Internal Revenue Service, in its contingency plan for the shutdown, expects to furlough as many as 85,764 of its 94,516 employees.

Some of the services that are considered “non-essential” and that will be suspended or reduced during the shutdown include:

• Audits – IRS will suspend all audit activities during the federal shutdown. This means that during the shutdown, no new audits will be started, and any audits in process will be delayed.

• National Taxpayer Advocate – the Taxpayer Advocate’s office will be reduced to 45 essential employees during the shutdown out of over 2,000 employees,

• Customer service lines – the toll-free (800-829-1040) phone line to IRS will be shut down.check this site now!

Electronic filing will still be available, and processing of “balance due” tax returns submitted on paper will still be done. IRS will promptly cash your checks for any payments due, but you can expect any refunds to be delayed.

All statutory deadlines (due dates) will still be in place, so the October 15 extension due date is still a firm and solid date. Federal payroll taxes and tax forms must still be paid and filed on time, and estimated payments must still be submitted as required.

Any services related to implementation of the Affordable Care Act (“Obamacare”) will still be in place, as will the services related to protecting taxpayer data.

The special Practioners’ Priority Service, a phone line for tax professionals use only, will be shut down. Tax professionals “e-services” access, where your tax pro can pull up your tax transcripts and related account information, will be available. However, since IRS discontinued the online submission of Forms 2848 (Power of Attorney) and 8821 (Tax Information Authorization) earlier this month in a revamp of their e-services system, if your tax representative doesn’t already have one of these forms on file with IRS, you will have to wait until IRS processes a faxed or mailed-in copy of the form: a process that normally takes two to three weeks and will be further delayed during the shutdown.continue reading this:

Federal Shutdown

Criminal Investigations division will see about 85% of its staff furloughed, and Collections division will also have a reduction in force, though probably not as high a percentage.

The staff that works on designing the tax forms and system programming for the upcoming filing season will remain on the job.

The IRS contingency plan covers the agency’s plan for a shutdown lasting no more than five days. If the federal shutdown lasts longer than that, IRS will reassess its plan and make any adjustments.