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IRS computer problems shut down tax return e-File system

IRS computer problems shut down tax return e-File system

The IRS stopped accepting electronically filed tax returns Wednesday because of problems with some of its computer systems. The outage could affect refunds, but the agency said it doesn't anticipate "major disruptions."

 

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What you need to know about PTIN registration

PTIN Requirements for Tax Return Preparers

Preparer tax identification number (PTIN) applications and renewals for 2016 are now being processed.

Anyone who preparers or assists in preparing federal tax returns for compensation must have a valid 2016 PTIN before preparing returns. All enrolled agents must also have a PTIN.

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2015 Federal Updates

annual inflation adjustments

The Internal Revenue Service has announced the annual inflation adjustments for a number of provisions for the year 2015, including tax rate schedules, tax tables and cost-of-living adjustments for certain tax items.

Here are the highlights:

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News, Forms & Procedures - February 2, 2015

Input and Procedures

Deleting Line Items: When deleting a line item use a red pencil to cross it out completely and clearly. Otherwise, do not use a red pencil/pen to make entries or make audit marks.

Deleting Proforma Pages: Never remove an input form with proforma data on it.

Pre-printed data is in the input file and to remove it the item must be

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Electronic Filing Support

Electronic Filing support

ExacTax supports efile for most 1040 state returns. A separate efile charge will apply to each state where efile is attempted.

 

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News, Forms & Procedures - June 2, 2014

Prior Year Returns

ExacTax processes all prior year returns from 2002 through 2012. These returns are processed on a daily basis. After you have reviewed the prior year return, call Customer Support to order the proforma for the following year, if needed (applies to years 2005 – 2012).

Note: 2012 returns may still be filed electronically as long as they are not amended returns.

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