Search results
Results from the WOW.Com Content Network
Form 8821 authorizes the IRS to disclose your confidential tax information to the person you designate. This form is provided for your convenience and its use is voluntary. The information is used by the IRS to determine what confidential tax information your designee can inspect and/or receive.
Information about Form 8821, Tax Information Authorization, including recent updates, related forms, and instructions on how to file. Form 8821 is used to authorize certain entities to review confidential information in any IRS office for the type of tax and the years or periods listed.
IRS Form 8821 is an essential tool for any US-based accountant or tax professional. It gives you legal authority to receive information about your client’s tax affairs directly from the IRS, including previous tax returns, transcripts, and payments made.
In this article, we’ll explain everything you need to know about Form 8821 — what it is, how it works, and when you’ll need to use it. What is IRS Form 8821? Form 8821 empowers taxpayers to grant a designated third party — i.e. you, the accountant or tax professional — the authority to access and receive their tax information from the IRS.
As an accountant or bookkeeper, one of the forms you’ll need at some point is IRS form 8821, Tax Information Authorization. This form grants you access to your client’s tax records for tax planning, advisory, auditing, or resolving IRS issues. But it also does the opposite.
In this guide, we’ll break down Form 8821, explore its uses, and provide step-by-step instructions for completing it accurately. Controlled Access: Form 8821 allows you to specify exactly who can access your tax information and what information they can see.
In this article, we’ll cover IRS Form 8821 in depth, including: How to complete Form 8821; Filing considerations; Other options that a taxpayer may use to share their confidential information with tax professionals; Frequently asked questions; Let’s start with some step-by-step guidance on completing IRS Form 8821.