ERC Scam in the News
Tax School workbook contributor and national order partner Larry Gray, CPA, with AGC Solutions in Rolla, Missouri, was recently featured in a national NBC news story about the employee retention…
The IRS has implemented a new measure to lessen the threat of identity theft. This measure affects how tax professionals obtain client transcripts through the Transcript Delivery System (TDS).
Beginning April 8, 2024, tax professionals must call the Practitioner Priority Service (PPS) at 866-860-4259 to request transcripts to be deposited into their Secure Object Repository (SOR). While PPS has been the primary avenue for these requests, other IRS toll-free lines will no longer offer the SOR as a delivery method.
Additionally, tax professionals need to pass the current required authentication and also verify their Short Identification (ID). The Short ID is a unique 8-10 alphanumeric code that is systemically assigned when an IRS account is established. This Short ID is visible when the tax professional logs in to their e-Services SOR. If the identity can’t be verified, transcripts will only be mailed to the address of record. PPS assistors cannot resolve issues with ID.Me identity proofing or the status of an ID.Me account.
Source: The above information was directly sourced from the IRS
Stay up-to-date!
Disclaimer: The information referenced in Tax School’s blog is accurate at the date of publication. You may contact taxschool@illinois.edu if you have more up-to-date, supported information and we will create an addendum.
University of Illinois Tax School is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this site is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information. This blog and the information contained herein does not constitute tax client advice.
