Update from Washington
September NPL Meeting
Stephen Mankowski, our NCCPAP President, recently returned from the September 2017 NPL meeting. The meeting covered a plethora of topics: Private Debt Collection, Taxpayer Digital Communication, Equifax Breach, E-Services Update, and Return Preparer Strategy Update. Look in your email inbox for the full summary of the meeting.
The next meeting is October 19, 2017. Commissioner Koskinen will be in attendance before he leaves office; there is no replacement at this time.
Hurricane Irma and Maria
Latest Update: The IRS released guidance on 10/4/2017 to give tax relief to residents of Puerto Rico and the U.S. Virgin Islands who have evacuated the islands or were unable to return because of Hurricanes Irma or Maria. See IRS Notice 2017-56
The relief extends the typical 14-day absence period to 117 days (starting Sept. 6, 2017 and ending December 31, 2017) for the presence test for residency under the tax rules. Someone who is absent from either U.S. territory on any day during this 117-day period will be treated as leaving or unable to return to the territory as a result of Hurricanes Irma and Maria on that day.
IRS extends tax relief to Hurricane Maria victims Tax Relief for Puerto Rico and US VI
IRS re: Disaster Assistance Self-Study - Record Reconstruction IRS Self Record Reconstruction
Tax-Exempt Organizations Affected by Hurricanes Harvey and Irma Granted Tax Relief Tax-Exempt Org Tax Relief
IRS Tax Relief in Disaster Situations Tax Relief in Disaster
The Internal Revenue Service is offering tax relief for victims of Hurricane Irma. Help for Victims of Hurricane Irma
IRS Gives Tax Relief to Victims of Hurricane Irma; Like Harvey, Extension Filers Have Until Jan. 31 to File; Additional Relief Planned IR-17-150.pdf
To our Florida members, hope all is getting back to normal.
Call for News
Share Your Achievements with Fellow NCCPAP Members
We would like to publicize special achievements by chapters and individual members. If this applies to you, please submit a very brief description by clicking on the ‘Submit an Achievement’ button below. Our PR firm, Markitects, will reach out to you directly and write up the news story in a professional manner—for distribution internally to NCCPA members via email. Selected stories may also be sent to the media with your permission. Submit an Achievement
IRS Provides Penalty Relief for Partnerships that Filed Late Returns in 2017
IR-2017-141, Sept. 1, 2017
WASHINGTON - The Internal Revenue Service today issued guidance providing penalty relief for certain partnerships that did not file the required returns by the new due date for tax years beginning in 2016. IRS PenaltyReliefPartnerships
NCCPAP in Action
NCCPAP was in Houston on August 3 & 4 at the Texas Association of Certified Public Accountants' (TACPA) annual meeting and CPE event.
Neil Fishman, NCCPAP Executive VP (center) with Frank Sands, TACPA President, and David Brown, Executive Director at the TACPA annual meeting
July's NPL Meeting
On July 20, 2017, Stephen Mankowski attended the latest monthly NPL meeting. On hand were Mel Hardy, Director, NPL, and IRS Commissioner, John Koskinen. Read Steve's update from the meeting