Reminder: Payers may receive notices CP2100 and 2100A; IRS extends popular flexibilities set to expire; Get Your Transmitter Control Code (TCC) to Electronically File Information Returns
Internal Revenue Service (IRS) sent this bulletin at 01/10/2024 10:44 AM EST
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Reminder: Payers may receive notices CP2100 and 2100A if they filed an information return with errors When banks, credit unions, businesses and other payers file information returns with data that doesn't match IRS records, the IRS sends them a CP2100 or CP2100A notice. The notices tell payers that the information returns they submitted have a missing or incorrect Taxpayer Identification Number, name or both. Each notice has a list of payees with the issues the IRS found. Payers need to compare the accounts on the notice with their account records and correct or update their records, if necessary. Payees may also need to correct their backup withholding on payments made to payees. Tax Tip 2023-75 provides a list of the most common information returns with errors, as well as additional links to further guidance on backup withholding. Refer to Information Returns for more information. IRS extends popular flexibilities set to expire; electronic signatures and encrypted email enhance the taxpayer experience The Internal Revenue Service extended certain temporary flexibilities. The acceptance of digital signatures is extended indefinitely until more robust technical solutions are deployed, and encrypted email when working directly with IRS personnel has been extended until Oct. 31, 2025. The flexibilities, which were put in place during the COVID-19 pandemic, promoted secure and effective communications and were well received by tax professionals and taxpayers who reported that allowing for the use of electronic or digital signatures saved time and resources. Internal Revenue Manual (IRM) 10.10.1 IRS Electronic Signature (e-Signature) Program was updated to include acceptance of alternatives to handwritten signatures for certain tax forms and the ability to accept images of signatures and digital signatures in compliance interactions. For a list of allowable signature options, refer to IRM Exhibit 10.10.1-2 on IRS.gov. In addition, Interim Guidance Memorandum PGLD-10-1023-0002 (PDF) provides temporary guidance on using email with encryption when working person-to-person with IRS personnel to address compliance or resolve issues in ongoing or follow-up authenticated interactions. Get Your Transmitter Control Code (TCC) to Electronically File Information Returns On November 22, 2023, the IRS issued a QuickAlert regarding use of a Transmitter Control Code (TCC) to electronically file information returns. Review the information in the November 2023 QuickAlerts messages (PDF), under the subject Get Your Transmitter Control Code (TCC) to Electronically File Information Returns to ensure you are prepared to electronically file information returns for 2024. If you have a technical or procedural question relating to government entities, please visit IRS.gov/fslg. For employment tax and account related questions, call the Business and Specialty Tax Line at 800-829-4933. For guidance on the technical aspects for filing information returns through the Filing Information Return Electronically (FIRE) System call Technical Services Operation at 866-455-7438. |
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