e-News for Tax Professionals 2021-40
Internal Revenue Service (IRS) sent this bulletin at 10/08/2021 02:23 PM EDT![]() |
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Issue Number: 2021-40Inside This Issue
1. IRS Nationwide Tax Forums Online launches 18 new seminars New self-study seminars are now available through the IRS Nationwide Tax Forums Online. These 18 seminars were recorded at the 2021 IRS Nationwide Tax Forum, and you can earn continuing education credits for $29 per credit. For more information, visit the IRS Nationwide Tax Forums Online website. 2. Tax pros: Remind your clients to review tax withholding as year-end nears As we enter the last quarter of the 2021 calendar year, remind your clients that this is a good time to review their tax withholding. Life can bring constant changes to individual financial situations, and the IRS offers tools and information to help taxpayers understand their taxes, estimated tax payments and tax withholding. Visit IRS.gov for these resources. This article is also available in Spanish and Simplified Chinese. 3. Amended tax relief for tropical storm victims in North Carolina North Carolina victims of remnants of Tropical Storm Fred that began Aug. 16, 2021, now have until Dec. 15, 2021, to file various individual and business tax returns and make tax payments. This tax relief has been expanded to include Ashe, Graham, Jackson and Mitchell counties. 4. News from the Justice Department’s Tax Division A federal court in the Western District of Michigan has permanently barred married couple Rosa Linda Meyer, aka Rosa Linda Hernandez, and Stanley Meyer from preparing returns for others and from owning, operating or franchising any tax return preparation business in the future. John Savignano, a certified public accountant of White Plains, N.Y., pleaded guilty to conspiring with a small business owner to defraud the IRS. According to court documents, Savignano conspired with co-defendant Rocco Manzione, who owned and operated several companies that sold concrete, to evade the assessment of individual income taxes. Savignano is scheduled to be sentenced on Jan. 27, 2022, and faces a maximum penalty of five years in prison. He also faces a period of supervised release, restitution and monetary penalties. 5. Technical Guidance Notice 2021-58 clarifies the application of the extension of timeframes by the Joint Notice (85 FR 26351, May 4, 2020) and EBSA Disaster Notice 2021-01 (Feb. 26, 2021) (Emergency Relief Notices) to elections and payments of COBRA premiums during the COVID-19 National Emergency. Thank you for subscribing to e-News for Tax Professionals an IRS e-mail service. If you have a specific concern about your client's tax situation, call the IRS Practitioner Priority Service 1-866-860-4259. This message was distributed automatically from the mailing list e-News for Tax Professionals. Please Do Not Reply To This Message To subscribe to or unsubscribe from another list, please go to the e-News Subscriptions page on the IRS Web site. |
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