IRS Electronic Tax Administration Advisory Committee Delivers Report to Congress
1. IRS Electronic Tax Administration Advisory Committee Delivers Report to Congress
The Electronic Tax Administration Advisory Committee (ETAAC) presented its 2013 Annual Report to Congress during a public meeting Wednesday.
Highlights of the report include recommendations on the following key outcomes:
" Approve standards for security, privacy and fraud prevention
" Provide incentives for e-filing employment tax returns
" Expand access to data and online tools
" Leverage relationships in the electronic filing community
" Fund CADE 2 and the 1040 Modernized e-file (MeF) programs
2. YouTube: Lien Withdrawal
Find out how to set up a direct deposit installment agreement for a quicker lien notice withdrawal by watching this new YouTube video.
Watch this and other videos on the IRS YouTube Channel.
3. Technical Guidance
Revenue Ruling 2013-15 provides various prescribed rates for federal income tax purposes including the applicable federal interest rates, the adjusted applicable federal interest rates, the adjusted federal long-term rate, the adjusted federal long-term tax-exempt rate.