The most comprehensive resource available for payroll professionals. This service provides payroll news, white papers, custom research answers, webinars on the hottest payroll topics, survey and...
The Internal Revenue Service should issue taxpayer communications of processing errors and associated resolutions quicker, the National Payroll Reporting Consortium said in a letter to the agency.
In the Sept. 20 letter to the IRS, the association expressed concerns and offered suggestions related to the recent erroneous Emancipation Day and Memorial Day federal tax deposit penalty notices. “These situations caused significant challenges to the payroll service provider community which we believe present an opportunity for similar future events,” said the letter, which was sent to Debra Holland, commissioner of the IRS wage and investment division. A copy of the letter from the nonprofit trade association was obtained by Bloomberg BNA.
IRS communications with employers should be proactive and posted on the agency's website, said the letter.
“Perhaps the most significant concern resulting from these recent issues was the delay in formal communication from the IRS,” the letter said. Updates that the NPRC received from its national accounts manager regarding the status and scope of the penalty notice issue were informal communications that could not be disclosed to clients, the letter said.
“The vague and incomplete information received throughout the duration of these two recent issues created significant challenges” for NPRC member organizations in meeting service obligations to its clients, the letter said.
For example, there were timing discrepancies between implementing IRS systemic fixes to correct taxpayer accounts and the sending of notices to employers. Any further notices sent to employers could have been suppressed once the issue was identified and CP161 notices were sent out, the letter said.
The IRS penalty department reviewed the issue for the remaining holidays this year and believes the problem was resolved, said Scott Mezistrano of the agency's industry engagement and strategy group.To contact the reporter on this story: Keith M. Hill in Washington at email@example.com To contact the editor responsible for this story: Michael Trimarchi at firstname.lastname@example.org
Copyright © 2016 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)