If a corporation uses a tax professional to prepare the income tax return, what extra steps are required in order to comply with the requirements to file an electronic return?
A1. If your corporation uses a tax professional to prepare the entire income tax return there should be minimal impact. You should check with your tax professional to ensure they are an IRS Authorized e-file Provider and discuss their responsibilities to “originate” your electronic return. You should also ensure that your tax professional uses software that fully supports your e-file requirements. Your Corporate Officer will also sign the electronic return using a Form 8453-C or Form 8879. If your corporation uses a tax professional to prepare only a portion of the income tax return but the corporation also uses other formats (Word, Excel etc) to add other information (i.e. elections, other forms) before the paper return is mailed to IRS, your internal process may change. IRS requires the entire electronic return to be sent to IRS in one electronic file. You should discuss the preparation of your electronic return with your tax professional and they should be able to assist you. Q2. Wh
A1. If your corporation uses a tax professional to prepare the entire income tax return there should be minimal impact. You should check with your tax professional to ensure they are an IRS Authorized e-file Provider and discuss their responsibilities to “originate” your electronic return. You should also ensure that your tax professional uses software that fully supports your e-file requirements. Your Corporate Officer will also sign the electronic return using the appropriate Form 8453 or Form 8879. IRS requires the entire electronic return to be sent to IRS in one electronic file. As a result, some of your internal tax preparation processes may change. You should discuss the preparation of your electronic return with your tax professional and they should be able to assist you. Q2. What is my responsibility if my tax professional uses e-filing software that does not fully support my e-filing requirements? For example, my corporation files a consolidated tax return and the software th
A1. If your corporation uses a tax professional to prepare the entire income tax return there should be minimal impact. You should check with your tax professional to ensure they are an IRS Authorized e-file provider and discuss their responsibilities to “originate” your electronic return. Your Corporate Officer will also sign the electronic return using a Form 8453-C or Form 8879. If your corporation uses a tax professional to prepare only a portion of the income tax return but the corporation also uses other formats (Word, Excel etc) to add other information (i.e. elections, other forms) before the paper return is mailed to IRS, your internal process may change. IRS requires the entire electronic return to be sent to IRS in one electronic file. You should discuss the preparation of your electronic return with your tax professional and they should be able to assist you. back to the top E.
Related Questions
- If a corporation, partnership or fiduciary uses a tax professional to prepare the tax return, what extra steps are required in order to comply with the requirements to file an electronic return?
- If a corporation uses a tax professional to prepare the income tax return, what extra steps are required in order to comply with the requirements to file an electronic return?
- If a corporation, partnership or fiduciary prepares its own return, what extra steps are required in order to comply with the requirements to file an electronic return?
