BusinessPostCorner.com
No Result
View All Result
Monday, July 20, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

IRS resumes ITIN acceptance agent application processing for immigrants

January 30, 2024
in Accounting
Reading Time: 3 mins read
A A
0
IRS resumes ITIN acceptance agent application processing for immigrants
ShareShareShareShareShare

The Internal Revenue Service has lifted the moratorium on processing applications to become an Acceptance Agent to help immigrants who need an Individual Taxpayer identification Number to file a tax return or be claimed as a dependent.

The IRS quietly lifted the moratorium earlier this month, but National Taxpayer Advocate Erin Collins called attention to the development in a blog post Tuesday.

“Many individuals who require ITINs for themselves or members of the family find that working with an Acceptance Agent is simpler and quicker than submitting all documents directly to the IRS for verification,” she wrote. “The resumption of Acceptance Agent applications means that there will be more Acceptance Agents to provide assistance to taxpayers and their dependents in obtaining an ITIN.”

The IRS headquarters in Washington, D.C.

Andrew Harrer/Bloomberg

To make ITINs even more accessible to people who need them and provide assistance without cost to the individual, Collins recommended in her recent annual report to Congress that the IRS explore expanding the scope of the Volunteer Income Tax Assistance program to allow grant funds to be used to provide ITIN certification services. 

“In my view, the IRS should make it as simple as possible for individuals who require ITINs to comply with U.S. tax obligations to obtain them,” she said.

On January 19, the IRS posted an update on IRS.gov announcing the lifting of the moratorium on acceptance agent applications and noted the application process has changed in a major way as part of the agency’s modernization efforts. The old paper application process has now gone electronic, promising to reduce the processing time for properly submitted applications from 120 days to 60 days. The Acceptance Agent FAQs provide answers to questions on the new application process. Information for prospective Acceptance Agents, including application, registration, training requirements, and links to the online application portal can be found here.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Sotheby’s cleared of art fraud in Russian billionaire’s lawsuit

Next Post

42% of finance leaders don’t trust their own data, says BlackLine survey

Next Post
42% of finance leaders don’t trust their own data, says BlackLine survey

42% of finance leaders don't trust their own data, says BlackLine survey

SEC email address mix-up for comments on semiannual reporting proposal causing confusion

SEC email address mix-up for comments on semiannual reporting proposal causing confusion

July 14, 2026
IMA unveils Management Accounting Competency Index

IMA unveils Management Accounting Competency Index

July 14, 2026
Spain earns  million for World Cup win and Argentina gets  million

Spain earns $51 million for World Cup win and Argentina gets $34 million

July 19, 2026
Apple briefly leapfrogs Nvidia as world’s most valuable company

Apple briefly leapfrogs Nvidia as world’s most valuable company

July 17, 2026
Shultz Huber acquires Stroh Johnson

Shultz Huber acquires Stroh Johnson

July 15, 2026
Mark Zuckerberg’s Meta AI Just Revealed This Shocking Bitcoin Price Prediction for the End Of 2026

Mark Zuckerberg’s Meta AI Just Revealed This Shocking Bitcoin Price Prediction for the End Of 2026

July 16, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

XRP Price Prediction: Can Korean Demand Trigger a Breakout?

XRP Price Prediction: Can Korean Demand Trigger a Breakout?

July 20, 2026
Lockheed to build cheaper Patriot missile to counter drone threat

Lockheed to build cheaper Patriot missile to counter drone threat

July 20, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!