One of the first steps to getting certified to represent your client in a tax dispute with the IRS is getting Power of Attorney on file.
1 min read
In order to start representing clients in tax disputes, you need to be certified as a CPA, an attorney, or an enrolled agent. Any of these certifications will allow you to work with the IRS on tax resolution cases. The next step, and the focus of this post, is getting Power of Attorney for each client you plan to represent.
Getting Power of Attorney is a fairly straightforward process which boils down to four steps:
1. Complete Form 2848. Technically, you can use Form 8821 to access your client's transcripts without having Power of Attorney on file, but you won't be able to represent your client before the IRS in any way without Form 2848 on file.
2. Send your completed Form 2848 to the IRS. Depending on how much time you have, you can submit this form in several ways. First, you can mail it, which takes at least a week. Second, you can fax it, which takes 5-7 business days for processing. And lastly, you have the option of faxing your form while you're on the phone with an IRS agent. During the call, you can request transcripts to help you get started on the case, but you won't be able to represent your client with the IRS until the Power of Attorney request is processed.
3. Get your CAF number from the IRS. A CAF number is a nine-digit tracking number used by the IRS to process your document requests. You'll get your CAF number the first time you file Form 2848 and you'll use the same CAF number for every case thereafter.
4. Begin representing your client. Now that you have an accepted Form 2848 and you've received your CAF number, you're ready to start practicing. You can now represent your client in tax resolution cases, as well as request client information, such as transcripts.
As a tax resolution specialist, you'll encounter a variety of tax issues. Many of these may require you to submit offers in compromise to settle your clients' tax debt. And fortunately for you, you can become an offer in compromise master with our new ebook! Download it for free now.
Explore more of our recent Articles, User Stories, and Ebooks.
4 min read
4 min read
Canopy takes the headaches out of client management by offering a way to keep client info organized.
I love how easy it is to setup a new client in this software. Once set up, it's one click to get IRS transcripts downloaded for my review. This saves me at least an hour each week in comparison to the software I used to use.
This makes workflow for tax resolution manageable. This business is a bunch of hurry up and wait. This system helps to refresh my memory while transitioning to different clients.
The ability to securely share documents with clients as well as complete POAs from client contact data already in Canopy. The ability to route workflow between team members with color coded statuses allows us to work efficiently.
Cool features, outstanding customer service, constantly updating to make it better. I love that I can upload files easily to a secure client portal and we don't have to email files anymore. Absolutely can't imagine not having this software.
It's safe and secure. Clients are able to upload documents and the documents are saved their portal which as a result, keeps us better organized. The task feature keeps us organized and we know exactly the status of each client.
Submit this form, and we will be in touch soon to give you a custom demo.
Set a time for one of our product specialists to give you a guided tour practice.