Main Street Practitioner Blog

Tax and Accounting News for Practitioners from Main Street to Wall Street

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    2017 Tax Filing Season Statistics

    IRS Sees Millions of Tax Returns Last Days of Tax Filing Season The IRS today announced that the agency has received 135.6 million returns this year following a late surge of filings last week. During the week ending April 21, the IRS received more than 17 million tax returns. The vast majority, ...

  • Registration deadline is May 30, 2017 Registration for the Accreditation Council for Accountancy and Taxation® (ACAT) exam to obtain ACAT Accredited Business Accountant/Advisor, Accredited Tax Preparer and Accredited Tax Advisor credentials is now open and the Summer exam testing window is June ...

  • NSA and other tax professional groups wrote to members of Congress last week urging a comprehensive set of recommendations designed to improve services provided by the IRS to taxpayers and tax practitioners. The groups called for an improved governance and oversight structure for the IRS and proposed ...

  • The IRS's private debt collection program is set to begin this week, with four private companies trying to collect overdue taxes on the government's behalf. The IRS debt collection program is a new version of a program established in 2006 that was shut down in 2009 because it wasn't profitable. The ...

  • The National Society of Accountants (NSA) and other tax practitioner-related associations have formed a coalition to call for massive improvements in the Internal Revenue Service (IRS). The coalition issued a report, Ensuring a Modern-Functioning IRS for the 21st Century , that outlines the framework ...

  • Tax Professionals Warned of e-Services Scam; Urged to be Wary of Schemes as Filing Season Deadline Approaches The IRS, NSA, state tax agencies and the tax industry today warned tax professionals to beware of phishing email scams claiming to be from IRS e-Services and of schemes in general as ...

  • Additional Staff Available Starting Tomorrow to Revalidate Your Identity; Dont Delay If you received a Letter 5903 , e-Services Revalidation , you must revalidate your identity. For a limited time, the e-Services Help Desk will have additional staff available to only assist tax professionals who ...

  • The IRS will not require taxpayers to indicate whether they have health insurance when filing their tax returns, a return to the policy the agency had in place in prior years. The agency reversed a previous decision to require an indication of coverage on tax returns filed this year after President ...

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  • Phyllis Kubey, EA, CFP, ATA, ATP, a member of the National Society of Accountants (NSA) who has more than 30 years of experience as a tax professional, has been appointed as a member of the Internal Revenue Service Advisory Council (IRSAC). IRSAC is an advisory body designed to focus on broad ...

  • As of Sunday Feb. 5, certain e-Services users who have not verified their identities with the IRS have had their accounts suspended. The IRS mailed letters 5903 between Dec. 1 and Dec. 16 to those users who had been active on their accounts in the past year and who had access to the Transcript Delivery ...


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