Electronic Filing

Publisher
WiseGuides, Inc.
2796 Greenspire Ln
Akron, Oh 44333
Copyright © 2010

Field of Study: Taxes
Level: Basic
Recommended CPE Credit 4 hours
Prerequisites: None
Advanced Preparation: None
Type of Delivery: Self-Study
Expiration: Course expires 1 year after purchase
Course Update: June, 2010
Accreditation: QAS, NASBA, IRS, CTEC, OTPB
Guarantee/Complaint Resolution

Course Outline


Lesson 1 - The IRS efile Process
Learning Objectives 1
Overview
Participation in e-file
Defining the ERO
Safeguards
IRS e-file Returns
Returns Not Eligible
Creating Electronic Data
Direct Deposit of Refunds
Balance Due Returns
Signing Electronic Return
Electronic Signature
Signature Authorization
Signatures for EROs


Lesson 2 - Completing efile Process
Learning Objectives 2
Submitting Return
Providing/Retaining Copies
Advising About Refund
Acknowledgments
Resubmission of Return
Refund Delays
Refund Offsets
Avoiding Refund Delays


Lesson 3 - Business Considerations
Learning Objectives 3
Advertising and Promotion
Refund Anticipation Loans
Fee Restrictions


Lesson 4 - Program Integrity
Learning Objectives 4
Credentials
Screening
IRS Monitoring
Annual Suitability Checks


Lesson 5 - Reporting Changes to IRS
Learning Objectives 5
e-file Application Changes
Revisions by Letter
Selling/Transferring
Application is Required
Adding New Business Location
Purchase/Transfer or Gift


Lesson 6 - EROs That Transmit to IRS
Learning Objectives 6
Requirements
Online filing
PATS Testing
Passwords
New Transmitters
Electronic Postmark

Course Objectives

Lesson - 1
After completing Lesson 1, you will be able to:
  • Identify eligible and noneligible IRS e-file returns
  • Identify Direct Deposit rules
  • Define an electronic return originator (ERO)
  • Identify when a balance due return payment and voucher must be mailed
  • Identify which taxpayers are eligible for Self-Select PIN e-file
  • Define substantive changes
Lesson - 2
After completing Lesson 2, you will be able to:
  • Identify the length of time Forms 8879 and 8878 must be available to the IRS
  • Identify the length of time the ERO has to inform the taxpayer of a rejection
Lesson - 3
After completing Lesson 3, you will be able to:
  • Apply the fee restriction rules
  • Apply the rules for RALs
  • Determine the rules for IRS sponsored programs
Lesson - 4
After completing Lesson 4, you will be able to:
  • Identify the requirements for sanctioning an IRS e-file Provider
  • Identify which authorized IRS e-file Providers will automatically receive acceptance
Lesson - 5
After completing Lesson 5, you will be able to:
  • Identify the requirements that apply when an ERO sells, transfers, or otherwise discontinues an IRS e-file business
  • Identify Applicants and Authorized IRS e-file Providers who do NOT have to submit a new application with fingerprint cards
Lesson - 6
After completing Lesson 6, you will be able to:
  • Identify the additional transmitter requirements for purposes of online filing