IRS PLR: Extension Granted to Elect Not to be Treated as Tax-Exempt Entity (IRC §168)

The IRS has published a private letter ruling on I.R.C. §168 and Treas. Reg. §§301.9100 and 301.7701, granting 120-day extension to file Form 8832 to elect to be classified as ...
JD Supra

IRS Indicates Indefinite Extension of Electronic Signature Relief

On October 17, 2023, the Internal Revenue Service (IRS) updated the electronic signature guidance in its Internal Revenue Manual (IRM) to reflect the electronic signature relief that the IRS provided ...
JD Supra

IRS Extends Temporary Use of Electronic or Digital Signatures until 2023

The US Internal Revenue Service has extended its temporary approval of accepting electronic or digital signatures on certain IRS forms until October 31, 2023, and has expanded the list of forms that ...
WealthManagement.com

IRS Revises Employer ID Number Application Process

On March 27, the Internal Revenue Service announced that taxpayers can no longer request an employer identification number (EIN) unless the “responsible party” named on the application has a Social ...