While I was busy with taxes the last few days, several things happened I want to share.
First the IRS motion to suspend the injunction against the Loving Decision was countered by the plaintiffs. On Friday, Judge Boasberg ruled that the injunction would remain in place during the appeal. He didn’t agree with the IRS claim of harm. And he did clarify his earlier decision because he felt that the IRS was making it more restrictive than he intended. The PTIN registration can continue as it has been authorized by Congress. And preparers who wish can take the test and qualify to be RTRPs.
The PTIN system has been closed due to the original decision but is scheduled to re-open on Monday. Do take a look at the alert that is on the page concerning the CE requirements and follow the instructions. Paper PTIN applications will begin to be processed again on Monday.
The IRS has extended filing deadlines for taxpayers living in certain New York and New Jersey counties to April 1, 2013. This extension can also include those whose books, records or tax pro are in those counties. In New Jersey, the counties are Monmouth and Ocean. New York counties are Nassau, Queens, Richmond and Suffolk. Details.
The IRS has opened e-filing for most 2012 tax returns but pulled Form 8863- Education Credits at the last minute. They expect the form to be released for use mid-February. That leaves about 30 forms to be released.