How do I get a reporting agent pin?

How do I get a reporting agent pin?

The Report Agent’s PIN application process is a 5 step process:

1. Have each client complete and sign a Form 8655.
2. Complete a “Reporting Agent’s List.”
3. Send the Forms 8655 along with a “Reporting Agent’s List” to the IRS.
4. Complete the Reporting Agent’s PIN Setup. Once a client has been approved for.

Who can be a reporting agent?

A Reporting Agent is an accounting service, franchiser, bank or other person who complies with Revenue Procedure 2012-32 and is authorized to prepare and sign employment tax returns electronically for a taxpayer. Reporting Agents may transmit their own returns or use the services of a third-party transmitter.

What is the 5 digit reporting agent pin?

The Reporting Agent PIN is a 5-digit number assigned by the IRS in conjunction with a 6-digit EFIN. Reporting Agent PINs are commonly used by Accountant or CPAs that will need to file 941, 944, or 940 forms for many different companies. This PIN allows the CPA or Accountant to use the same PIN for multiple EINs.

Where do I send my reporting agent list?

Forms 8655 and paper Reporting Agent Lists may also be faxed to the RAF Team at 855-214- 7523. The IRS will accept and process Authorizations for submissions of Federal Tax Deposits (FTDs) and Federal Tax Payments (FTPs) for Forms 940, 941, 943, 944, 945, 720, 1041, 1042, 1120, CT-1, 990-PF and 990-T.

Can Form 941 be signed electronically?

Select the company you would like to use to file your employment tax forms electronically. Note: Electronic Return Originators must use Form 8879-EMP, IRS e-file Signature Authorization for Forms 940, 940 (PR), 941, 941 (PR), 941-SS, 943, 943 (PR), 944, and 945 to electronically sign employment tax returns.

How do you I become a reporting agent?

Become a Reporting Agent Step 1: Complete and submit IRS Form 8655 for each client for whom you will e-file. Step 2: Apply to participate in the IRS e-file program by creating an IRS e-Services account and submitting your e-File Provider application. Step 3: Pass a suitability check.

What is common pay agent?

What is a Common Pay Agent? The appointment of a Common Pay Agent allows for the consolidation of FICA (Social Security & Medicare), as well as income tax withholding, reporting and remittance under the Agent’s federal employer identification number (FEIN).

What is a reporting agent for forms 940 941?

A Reporting Agent is an accounting service, franchiser, bank or other person who assist employers in making required tax deposits and tax information filings (Forms 940/941) to the federal, state and local governments.

What is a 941 form?

Employers use Form 941 to: Report income taxes, Social Security tax, or Medicare tax withheld from employee’s paychecks. Pay the employer’s portion of Social Security or Medicare tax.

What is a RAF RA?

Reporting Agents assist employers in making required tax deposits and tax information filings to the federal government and to state and local governments.

How to contact the IRS reporting agent list?

IRS Fax: (801) 620-4142. The RAF team processes the 8655s and returns the Reporting Agent list to you containing the Name Control for each taxpayer entity. Processing can take two weeks to a month. To check the status of processing, call the RAF team at (801) 620-3852.

Where do I enter my reporting agent pin?

Enter the PIN in the Reporting Agent PIN field. Enter your firm’s name control in the Name Control for E-File… field. (Call the IRS Business and Specialty Tax Line at 800-829-4933 or the IRS e-Help Desk at 866-255-0654 or for Name Control assistance.

Who is a reporting agent for IRB 2012-34?

A Reporting Agent is an accounting service, franchiser, bank, or other entity that complies with Rev. Proc. 2012-32, IRB 2012-34, and is authorized to prepare and electronically file Forms 940, 941, and 944 for a taxpayer. Reporting Agents sign all of the electronic returns they file with a 5- digit PIN signature.