More Bogus IRS Emails Hit Inboxes

If you’re like me, you got slammed today with bogus emails claiming to be from the IRS. Most were the run of the mill “Federal tax transaction rejected” variety  – like the ones from before. A few, however, were a bit more sophisticated. This one, in particular, caught my eye: Dear business owners, Due to the changes in the taxation policies that have been recently ratified, IRS informs that LLC, C-Corporations and S-Corporations have to validate their EIN in order to confirm their actual status. You have 14-day period in order to examine all the changes and make necessary amendments. …

IRS Imposes EIN Limits

The IRS has announced that as of May 21, 2012, it will issue only one employer identification number (EIN) per responsible party each day. The limitation applies to all requests online, by phone, fax or mail. No idea what this is about, folks, but I have to think it’s related to some kind of effort to curb abuse. According to the IRS web site, the point is “to ensure fair and equitable treatment for all taxpayers” which clears up any confusion… not at all. It’s also unclear what happens if the IRS – through no fault of the responsible party …

Change of EIN Email Scam Hitting Inboxes

If you read the blog regularly, you are aware that there are a bunch of emails that pop up from time to time purporting to be from the IRS, asking you to click on all kinds of links or submit personal information. This sort of thing is a scam. That said, a reader sent me a copy of the latest email making the rounds, asking if I’d seen it. I have and dismissed it. But since it appears to be confusing some taxpayers, I thought I would pass it along with the warning that it’s not a legitimate email from …

Ask the Taxgirl: ¿Cómo puedo obtener un ITIN? (How Do I Get a TIN?)

Taxpayer asks: ¿Cómo puedo obtener un ITIN? (How can I get an ITIN?) Taxgirl says: Since I get a lot of variations on a theme of this question (SSN/EIN/ITIN), I will answer a bunch of them at one time: To get a SSN (Social Security Number), you will need to complete Form SS-5, Application for a Social Security Card (available online or by calling 1.800.772.1213). You also must submit evidence of your identity, age and US citizenship or lawful alien status. An EIN (Employer Identification Number) is also known as a federal tax identification number and is used to identify …

Ask the Taxgirl: No TIN or EIN for a vendor

Taxpayer asks: Can you please tell me what I should do if the independent contractor has not provided me with his TIN or EIN number? Should I send in the 1099 without a number? Taxgirl says: This is probably one of those answers that I’ll get flak for but I’m giving you my opinion anyway… The official rules say to send it on without the TIN or EIN. This is, of course, after you’ve made a good faith effort to get the information. I usually write “REFUSED” in the space where the TIN or EIN would go. I do this …