Navigating IRS Authorizations: Form 2848 & Form 8821
Overview
Providing a practical overview of the IRS Power of Attorney, Form 2848, and IRS Tax Information Authorization, Form 8821. Participants will explore the differences between these forms, understand when each is required, and how to comply with IRS requirements for representing clients and accessing their tax information. The course will cover practical issues, ethical considerations, and best practices for managing client authorizations through the IRS Centralized Authorization File (CAF) system.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Highlights
The major topics that will be covered in this course include:
- Overview of IRS Power of Attorney (POA) rules.
- Form 2848: Authority to Represent Clients before the IRS.
- Form 8821: Accessing Tax Information Without Representation.
- Identifying errors and compliance risks in POA filings.
- Rules for revoking or updating POA authorizations.
- Managing authorizations through the CAF system.
- Electronic submissions and the IRS online authorization process.
- Ethical responsibilities when holding a POA.
Prerequisites
None
Designed For
CPAs, EAs, tax professionals and other financial experts involved in IRS communications and client representation
Objectives
After attending this presentation, you will be able to...
- Distinguish between the authorities granted by Form 2848 and Form 8821.
- Identify situations where a Power of Attorney is required for IRS representation.
- Analyze limitations imposed by IRS rules on the authority granted through these forms.
- Evaluate common mistakes and compliance risks when filing Forms 2848 and 8821.
- Utilize of the IRS Centralized Authorization File (CAF) system for managing authorizations.
Preparation
None
Notice
Email w/link to webinar & materials will come from webinars@cpacrossings.com. If you do not receive email, check junk folder then contact CPA Crossings @ 877-370-2220 ext 1/webinars@cpacrossings.com
Leader(s):
Leader Bios
Mary Jane Hourani, Werner-Rocca Seminars Ltd
Mary Jane Hourani has been a dedicated practitioner in the tax accounting field since 1993, beginning her career with prominent Tax, Accounting, & Audit Firms before establishing her own practice in 2005. Her academic credentials include a Master of Management from Walsh College of Accountancy and Business Administration, complemented by a Bachelor of Science in Public Administration from Eastern Michigan University, with a specialization in Organizational Development and Governmental Accounting. As an Internal Revenue Service Enrolled Agent, Mary Jane is authorized to represent clients before the IRS, a testament to her expertise and integrity in the field. This designation is accompanied by her status as a NTPI Fellow with the National Association of Enrolled Agents, underscoring her commitment to the highest standards of professional excellence. Mary Jane has also contributed significantly to education in her field, serving as an Instructor of Tax at Michigan State University Tax School since 2008 and engaging as a speaker for various trade organizations from 2005. Her role as a Contributing Editor and Author for the National Tax Workbook since 2009 highlights her as a valuable resource in tax education, where she has developed and compiled tax course packs for Michigan State University Tax School and other organizations. In addition to her instructional roles, Mary Jane is a former H&R Block Instructor/Trainer, further showcasing her breadth of experience and dedication to fostering knowledge in others. Her professional affiliations include membership in the National Association of Enrolled Agents, Michigan Association of Certified Public Accountants, National Association of Tax Professionals, and the American Institute of Professional Bookkeepers. Moreover, her certification as a QuickBooks ProAdvisor signifies her expertise in financial software, enhancing her ability to serve her clients comprehensively.
Non-Member Price $129.00
Member Price $109.00