e-News for Tax Professionals Issue 2014-22

Useful Links:

IRS.gov

Tax Professionals Home

All Forms and Pubs

Stakeholders Partners'
Headliners

Training and
Communication Tools

IMRS

e-Services

Taxpayer Advocate Service

Disaster Relief

Internal Revenue Bulletins

IRS Social Media

Upcoming Events

Seminars, Workshops, Conferences, and Other Practitioner Activities By State:

Nationwide Webinars

Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas

Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina

North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming

Back to top

Issue Number:  2014-22

Inside This Issue

1. Changes in Circumstances Can Affect Advanced Payments of the Premium Tax Credit
2. The Case Resolution Program Returns to the IRS Nationwide Tax Forums
3. Technical Guidance

Individuals who purchase health insurance coverage from the Health Insurance Marketplace may be getting advance payments of the premium tax credit to help pay for health insurance coverage in 2014. If they are, it is important to report changes in circumstances, such as changes in income, marital status or family size, to the Health Insurance Marketplace when they happen.

Receiving too much or too little in advance payments of the premium tax credit can affect refunds or balance due when individuals file federal tax returns in 2015. Reporting changes will help avoid getting a smaller refund than expected or even owing money not expected to owe.

Publication 5152, Report changes to the Marketplace as they happen, is available on www.IRS.gov/aca. Go to www.HealthCare.gov for information about health insurance coverage and financial assistance.

Back to top

Schedule an appointment to bring your toughest, unresolved case to the Case Resolution Room and meet with IRS representatives face to face.  Register now to take advantage of this unique program, or attend live seminars and earn up to 18 Continuing Education credits in one location.

The tax forums will visit the following five cities: Chicago, IL San Diego, CA, and New Orleans, LA in July; Washington, DC and Orlando, FL in August.

For more information or to register, visit the IRS Nationwide Tax Forum website at www.irstaxforum.com.

Back to top

Notice 2014-38 modifies and supersedes the appendix to Notice 2013-1, which provides a list of tribes that have settled trust management litigation cases against the United States, because one new tribe had settled a trust management litigation case since the publication of Notice 2013-1.

Back to top