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IRS to Require Certain Taxpayers to Begin Paying User Fees Electronically in August by Andreea Cioara Schinas, CPA

Posted on July 07, 2017 by Andreea Cioara Schinas

Beginning on August 15, 2017, taxpayers who request letter rulings, closing agreements and certain other rulings from the Internal Revenue Service will have no other option than to make user fee payments electronically using the federal government’s Pay.gov system.  Previously, these taxpayers were permitted to pay user fees by check or money order.

 

Affected taxpayers can remit payment online using a credit card, debit card or via direct debit or electronic funds withdrawal from a checking or savings account by visiting www.pay.gov and entering “IRS Chief Counsel User Fees” in the Search Forms box.  Once an electronic payment is made, taxpayers must either print a copy and mail or hand deliver it to the IRS along with original, signed ruling request and supporting materials, or they may fax the payment receipt and ruling request to the IRS at 877-773-4950.

 

Taxpayers may petition the IRS, in writing and prior their filings of tax returns, to request status for tax purposes or the tax effects of his or her acts or transactions.  In response, taxpayers will receive from the IRS Chief Counsel written determination letters that represent how the IRS interprets the tax laws to apply to the taxpayers’ specific facts and circumstances. User fees can range from $200 to $28,300, depending upon the type of ruling being sought.

 

Navigating communications with the IRS on one’s own can be challenging. Therefore, taxpayers should consider engaging the assistance of qualified accountants and CPAs who have years of experience working with these IRS to resolve personal and business tax account matters.  The advisors and accountants with Berkowitz Pollack Brant work with domestic and foreign individuals, businesses and non-profit organizations to manage IRS issues, build wealth, maintain tax efficiency and comply with complex regulatory requirements.

 

 

About the Author: Andreea Cioara Schinas, CPA, is a director with Berkowitz Pollack Brant’s Tax Services practice, where she provides corporate tax planning for clients through all phases of business operations, including formation, debt restructuring, succession planning and business sales and acquisitions.  She can be reached in the CPA firm’s Ft. Lauderdale, Fla., office at (954) 712-7000, or via email at info@bpbcpa.com.

 

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