On October 25, the IRS released its Exempt Organization Newsletter, Issue Number 2013-21. Topics include the following:
- Use Form 8822-B to notify IRS of a change of address or responsible party
- Delayed start for PTIN renewal season
- Reminder: Don’t include Social Security numbers on publicly disclosed forms
- Work Opportunity Tax Credit expires soon
- Register for EO workshops
- IRS provides tax relief to victims of Colorado storms
1. Use Form 8822-B to notify IRS of a change of address or responsible party
Effective January 1, taxpayers must use Form 8822-B to notify the IRS of a change of address or the identity of a responsible party. Form 8822-B must be filed within 60 days of the change. An updated Form 8822-B is available on IRS.gov. There is a box on the form that exempt organizations must check.
2. Delayed start for PTIN renewal season
Due to the lapse in government funding, the 2014 PTIN renewal season is delayed. An email or letter will be sent to all current PTIN holders notifying them when the 2014 renewal season opens. The online PTIN system is still available for users to log in and view or change information or to secure a PTIN for 2013.
3. Reminder: Don’t include Social Security numbers on publicly disclosed forms
Because the IRS is required to disclose approved exemption applications and information returns, tax-exempt organizations should not include personal information, such as Social Security numbers, on these forms.
4. Work Opportunity Tax Credit expires soon
Employers, don’t forget to claim the Work Opportunity Tax Credit for all of the targeted group employee categories, including veterans, listed on Form 5884, if they were hired on or after Jan. 1, 2011, or before Jan.1, 2014.
5. Register for EO workshops
Register for upcoming workshops for small and medium-sized 501(c)(3) organizations:
- November 6-7 – Augusta, GA
Hosted by Augusta Technical College
- December 10 – New York, NY
Hosted by Baruch College
6. IRS provides tax relief to victims of Colorado storms
The IRS is providing tax relief to individual and business taxpayers impacted by severe storms, flooding, landslides and mudslides in Colorado.