Hello and welcome In this video we'regoing to talk about IRS Form 2848 Power of Attorney and Declaration ofRepresentative We'll explain what this form authorizes who should use it plussome helpful tips to make sure the IRS will approve your request for Power ofAttorney Let's jump right in Tip #1- What is IRS Form 2848 andwho should use it Only certain people can be granted Power of Attorney usingForm 2848 For tax professionals that group includes attorneys CPAs andenrolled agents This form allows tax professionals to represent their clientbefore the IRS as if they were the taxpayer There are a number of reasonsthis type of representation may be necessary Maybe your client is out ofthe country during tax season or they're limited in their ability to communicatebecause of a medical condition Maybe you represent a corporation or individualwith unresolved tax debt The 2848 allows you to define and limit the scope of theauthority your client wishes to grant but more on that in a moment A successfully filed 2848 also gives a tax professional the authority toreceive confidential tax information for their client including tax returnstranscripts and IRS notices However if you're only looking for access to yourclients tax documents you may be better off using the much simpler form 8821 Tip #2- Be specific on line three The 2848 gets rejecteda lot and it's usually because people don't follow the instructions whenfilling out line three While filling out this section you must clearly state thespecific issue or issues that you're requesting authorization for Thisincludes the nature of the issue the types of forms involved in the specificperiod of time that this Authority will be granted In line three you must bespecific using general terms like all taxes or all years in this section willresult in a rejected request Let's go through line three column bycolumn so that this doesn't happen to you Column #1- the Description ofthe Matter This is where you describe the type of tax or issue that you'll bedealing with Common descriptions in this column can include income employment civil penalty and Circular 230 violation If you're representing a client inregards to a penalty or other collections issueyou would list the type of tax associated with the issue For instance if you are assisting an individual who owes back taxes to the IRS you wouldlist income in column 1 Column #2- Tax Form Number For the second column youwould list the forms that you need access to When filling it out it'sextremely important to specifically list the form numbers Lots of people writethe title of the form instead of the form number resulting in a deniedrequest For instance if you're representing a corporation and needaccess to their corporate tax return write form 1120 in column 2 notcorporate tax return If you need access to multiple forms make sure to list themall in the rows provided Column #3- Years or Periods This column...
