NSTPNational Society of Tax Professionals (NSTP)

Earlier this year, the NSTP Board voted to add a new position to the organization: a “Member-at-Large” to the Board of Directors.  The position will annually be Board appointed.  Looking back over the years, there have been several Board-member mid-term openings.  Appointments to fill these vacancies by the Board have been made but often were timely and a difficult process to find the right person.  In the event there is a Board vacancy henceforth, the Board may appoint this person to fill the vacancy for the remainder of the vacant term.  In general, this new position will enable the annually appointed NSTP member total access to Board meetings, conversations, notes, financial data, etc.   The Member-at-Large, however, will not be entitled to “vote” on Board motions.  Once a member is appointed, the membership will be notified. Board Member at Large: The following criteria were initially agreed upon by the Board along with the Executive Director concerning the Board Member at Large:         NSTP member appointed annually by the Board of Directors         During appointment:    Invited to monthly Board Web-meetings    Will have access to the all Board Minutes and communications    Allowed access to face-to-face Board meetings at their own … Read More


NSTPNational Society of Tax Professionals (NSTP)

Congratulations to Stacey Creighton, the newest member of the NSTP Board of Directors. We appreciate the participation of all who voted in the run-off election as a result of the first ever tie for a seat on the NSTP Board. Your NSTP Board of Directors, commencing in January 2018, along with their current Board titles, are: Keith Huebel, President Andre’ Re, Vice President Kristina Rice, Treasurer Paul La Monaca, Director of Education Noel Allen, Director of Membership Isaac McRae Stacey Creighton We appreciate the participation by Serge Gautron and his continued support and involvement with the NSTP. The Board will be electing a new Secretary at the January 2018 meeting.


NSTPTreasury Inspector General for Tax Administration (TIGTA)

There has been general concern that there would be challenges with the third attempt at utilizing private collection agencies (PCAs), however, it was not suspected it would happen so soon. “It” is apparent disregard by some private debt collectors of the rules established in connection with the collection agencies’ latest congressionally mandated foray into federal tax collection. Private collection agencies are approving installment agreements with delinquent taxpayers beyond what the law provides, according to J. Russell George, Treasury Inspector General for Tax Administration (TIGTA). Payment plan limits: There is a statutory limit as to how long an Internal Revenue Service installment loan is available, George told Representatives at a May 23 hearing of the House Appropriations Financial Services and General Government Subcommittee, “and we are finding initially that these debt collectors are not abiding by that.” IGeorge did not provide any additional details to the House panel. But the mere fact that the federal office charged with oversight of the IRS already has concerns about the private tax collectors is seen as, well, concerning. Spotty PCA tax collection history: While George did not offer any details on just how private collection agencies, or PCAs as they typically are referred to … Read More


NSTPInternal Revenue Service (IRS)

IR 2017-102 IRS has announced that, beginning June 15, 2017, the electronic payment website will be available for taxpayers to make the required user fee payments when they request letter rulings, closing agreements and certain other rulings from IRS. And, IRS announced, after August 15, 2017, will become the only permissible payment method for those fees. is a way to make electronic payments to Federal government agencies. Many common forms of payment are accepted, including credit cards, debit cards, and direct debit or electronic funds withdrawal from a checking or savings account. Fees will have to be paid electronically. IRS has announced that, while up until now ruling requesters could only make required user fee payments by check or money order, during a two-month transition period, June 15 to August 15, requesters will be able to choose to make user fee payments either through or by check or money order. And, after August 15, 2017, will become the only permissible payment method. Rulings described in Rev Proc 2017-1 and sent to the Docket, Records and User Fee Branch of the Legal Processing Division of the Associate Chief Counsel (Procedure and Administration) is affected by this … Read More


NSTPInternal Revenue Service (IRS)

In a Revenue Procedure, IRS has provided a permanently available simplified method for estates to obtain an extension of time to make the estate tax portability election. The simplified method is only available to estates that are not required to file an estate tax return based on the value of the gross estate and is effective June 9, 2017. Revenue Procedure 2017-34, provides a simplified method to obtain an extension on time under § 301.9100-3 to file a return to elect portability of the deceased spousal unused exclusion (DSUE) amount pursuant to § 2010(c)(5)(A). This revenue procedure applies to estates that are not normally required to file an estate tax return because the value of the gross estate and adjusted taxable gifts is under the filing threshold in §6018(a). A taxpayer who meets the requirements listed below will be deemed to meet the requirements for relief under Reg. § 301.9100-3, and relief is granted under the provisions of Reg. § 301.9100-3 to extend the time to elect portability under Code Sec. 2010(c)(5)(A). Accordingly, for purposes of electing portability, the taxpayer’s Form 706 will be considered to have been timely filed in accordance with Reg. § 20.2010-2(a)(1). (Rev Proc 2017-34, Sec. … Read More


NSTPInternal Revenue Service (IRS), Taxpayer

In 2015, I wrote a blog post analyzing IRS collection performance, looking at the effects of different drivers of collection such as notices, installment agreements, liens, levies, and refund offsets. Today, I’d like to pick this topic back up, but focus on a collection issue associated with new legislation. In late 2015, Congress passed the Fixing America’s Surface Transportation Act (FAST Act), which aimed to boost tax collection through two avenues: Resuming the use of private collection agencies (PCAs) for certain delinquent accounts; and Requiring the Department of State (DOS) to deny a passport application and allowing it to revoke or limit a passport if the IRS certifies a taxpayer’s seriously delinquent tax debt. I plan to blog about private debt collection in the future, but today, let’s discuss the new law that will deprive some taxpayers of their passports. Under the FAST Act, a seriously delinquent tax debt is an “unpaid, legally enforceable Federal tax liability of an individual”, which: Has been assessed, Is greater than $50,000 (adjusted for inflation), and Revenue Code (IRC) § 6323 and the Collection Due Process (CDP) hearing rights under IRC § 6320 have been exhausted or lapsed; or (2) a levy has been … Read More