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Issue Number:  2016-7

Inside This Issue

1. New on IRS.gov
2. Voluntary Certification Professional Employer Organization Program
3. IRS, Partners Warn Tax Preparers of Data Theft Risks; Launch New Campaign to Increase Awareness
4. August 17 Webinar: Protect your Clients; Protect Yourself from Data Theft

• Pub. 5078, Modernized e-File (MeF) Test Package
• Pub. 1179, General Rules and Specifications for Substitute Forms 1096, 1098, 1099, 5498, and Certain Other Information Returns
• Pub. 1167, General Rules and Specifications for Substitute Tax Forms and Schedules
• Pub. 4163, Modernized e-File (MeF) Information for Authorized IRS e-file Providers for Business Returns

Draft Forms

Instructions for submitting comments on these forms are on the cover page.

• Form 1094-C, Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns
• Form 1095-C, Employer-Provided Health Insurance Offer and Coverage

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The Tax Increase Prevention Act of 2014, enacted Dec. 19, 2014, requires the IRS establish a voluntary certification program for professional employer organizations. PEOs handle various payroll administration and tax reporting responsibilities for their business clients and are typically paid a fee based on payroll costs.

The IRS is currently accepting applications for PEO certification. Please check the IRS.gov CPEO page regularly for updates on the application process and requirements.

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Leaders from the Internal Revenue Service, state tax agencies and tax preparation community warn tax preparers that they increasingly are targets of cybercriminals and should take appropriate steps to protect clients from data theft.

Find resources to get started with safeguards to protect clients’ data on the IRS’ website. It’s the first in a series of fact sheets and tips on security, scams and identity theft prevention measures aimed at tax professionals.

The Protect Your Clients; Protect Yourself campaign will run through the start of the 2017 filing season.

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Register now to watch the free 1.5 hours IRS webinar, Protect your Clients; Protect Yourself from Data Theft, on Wednesday Aug. 17 at 1:00 p.m. Eastern.

Earn one continuing education credit in the category of federal tax.

Topics include:

• Security Summit initiatives for FY 2017, including enhancing tax professional awareness of client data safeguards
• Increase awareness of legal requirements and best practices to better protect taxpayer information
• Learn more about emerging scams from our Criminal Investigation expert
• Outline steps tax professionals should take if they suffer a loss of taxpayer data
• Plus opening remarks from IRS Commissioner John Koskinen and a live Q&A with IRS subject matter experts

Stay In the Know on the Go! Watch IRS webinars on mobile devices the day they air.

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