Tuesday, January 21, 2025

IRS informs Responsible Officers of Certifications due by July 1, 2025, and reminds users of new FATCA Registration System sign-in options

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FATCA News & Information January 21, 2025

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Issue Number:  2025-02

Inside This Issue

  1. Responsible Officer Certifications are due by July 1, 2025
  2. Reminder: FATCA Registration System has new sign-in options

1.  Responsible Officer Certifications are due by July 1, 2025, for the FATCA Certification period ending December 31, 2024.

For the certification period ending December 31, 2024, Foreign Account Tax Compliance Act (FATCA) Responsible Officer (RO) certifications are due no later than July 1, 2025. If an entity that is required to certify does not submit its certifications by the due date, the entity will not be in compliance with its obligations under FATCA. The consequences of being non-compliant may include the revocation of an entity's FATCA status and, ultimately, the entity's Global Intermediary Identification Number (GIIN) being removed from the FFI list.

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2.  Reminder: FATCA Registration System has new sign-in options

The FATCA Registration System now requires all users to sign in using either Login.gov or ID.me, the IRS's credential service providers. The update adds a higher level of security and complies with National Institute of Standards and Technology (NIST) digital identity guidelines.

New and existing users must have a Login.gov or ID.me profile to access the FATCA Registration System. You will not be able to access the FATCA Registration System without a Login.gov or ID.me profile. If you already have an existing Login.gov or ID.me profile, you can use this same profile to sign-in to the FATCA Registration System if the email matches that of the responsible officer or point of contact on the FATCA registration. If you need assistance with retrieving your account credentials, such as resetting your password, you will need to follow the steps to reset your password with either Login.gov or ID.me prior to accessing the FATCA Registration System.  

Login.gov is an authentication service created, maintained, and secured by the U.S. government. For questions and assistance regarding Login.gov, please visit Help | Login.gov.

ID.me is an authentication service created, maintained, and secured by a technology provider. For questions and assistance regarding ID.me, please visit Verifying for the Internal Revenue Service – ID.me Help Site.

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QuickAlerts for Tax Professionals January 21, 2025

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Subject:  Secure Object Repository (SOR) Maintenance

Maintenance is scheduled for the SOR database on Saturday, January 25, 2025, from 9:00 AM – 9:30 AM ET, and Sunday, January 26, 2025, from 9:30 AM – 10:00 AM ET.

SOR mailboxes are expected to be unavailable during these maintenance windows.

We apologize for any inconvenience this may cause.

Thank you,

IRS e-Services Team

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Friday, January 17, 2025

IR-2025-17: IRS provides updated frequently asked questions for the energy efficient home improvement and residential clean energy property credits 

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Issue Number:    IR-2025-17 

Inside This Issue


IRS provides updated frequently asked questions for the energy efficient home improvement and residential clean energy property credits 

WASHINGTON — The Internal Revenue Service today updated the frequently asked questions in Fact Sheet 2025-01.  

These FAQs supersede earlier FAQs that were posted in Fact Sheet 2024-15, on April 17, 2024.  

The updates to the FAQs contain substantial changes within each section of the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit. 

More information about reliance is available.

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Cómo los contribuyentes pueden protegerse de estafas de tarjetas de regalo

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Cómo los contribuyentes pueden protegerse de estafas de tarjetas de regalo


Los contribuyentes deben estar atentos a estafas de tarjetas de regalo y tomar pasos para protegerse. Los estafadores pueden abordar a los contribuyentes pidiéndoles que paguen una factura de impuestos falsa con tarjetas de regalo. Las personas deben recordar que el IRS nunca solicita o acepta tarjetas de regalo como pago para una factura de impuestos.

El IRS no inicia comunicación con el contribuyente a través de correo electrónico, mensajes de texto o mensajes por medio de redes sociales para solicitar información personal o financiera. Para verificar si es el IRS, vaya a IRS.gov y verifique el formulario o visite la página Permítanos ayudarle para verificar información tributaria y opciones de autoayuda.

Estafas comunes

Los estafadores siempre están cambiando sus tácticas. Recientemente, el IRS ha visto que los estafadores:

  • Solicitan tarjetas de regalo por teléfono a través de una estafa de suplantación de gobierno o enviando mensajes de texto, correos electrónicos y mensajes por redes sociales.
  • Se hacen pasar por agentes del IRS llamando al contribuyente o dejando un mensaje de voz pregrabado informando al contribuyente que está vinculado con alguna actividad delictiva.
  • Amenazan o acosan al contribuyente diciéndole que deben pagar una multa tributaria falsa.
  • Le indican al contribuyente que compre tarjetas de regalo de varias tiendas.
  • Presionan al contribuyente a comprar tarjetas de regalo, luego le piden que le proporcionen el numero de la tarjeta y el PIN.

Cómo saber quién es el que llama

Cómo los contribuyentes pueden saber si es realmente el IRS quien llama. El IRS NUNCA:

  • Llama para solicitar un pago inmediato a través de un método de pago especifico como una tarjeta de regalo, una tarjeta de débito prepagada o a través de las redes sociales.
  • Exige a un contribuyente a que pague "o de lo contario."
  • Amenaza con traer agentes del orden público o agentes de inmigración para arrestar al contribuyente por no pagar.
  • Obtiene el estado de ciudadanía, licencia de conducir o licencia comercial de un contribuyente.

Qué hacer si es víctima de robo de identidad

Cualquier contribuyente que sospeche que ha sido víctima de un estafador debe:

Más información

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Tax Tip 2025-06: How taxpayers can protect themselves from gift card scams

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Issue Number: Tax Tip 2025-06


How taxpayers can protect themselves from gift card scams

Taxpayers should be aware of gift card scams and take steps to protect themselves. Scammers may target taxpayers by asking them to pay a fake tax bill with gift cards. People should remember that the IRS never asks for or accepts gift cards as payment for a tax bill.

The IRS doesn't initiate contact with taxpayers by email, text messages or social media channels to request personal or financial information. To verify it's the IRS, go to IRS.gov and verify the form or visit the Let Us Help You page to verify tax information with self-service options.

Common schemes

Scammers are always changing their tactics. Recently, the IRS has seen scammers:

  • Request gift cards over the phone through a government impersonation scam or by sending a text message, email or social media message.
  • Pose as an IRS agent and call the taxpayer or leave a pre-recorded voicemail stating they are linked to some criminal activity.
  • Threaten or harass the taxpayer by telling them that they must pay a fictitious tax penalty.
  • Instruct the taxpayer to buy gift cards from various stores.
  • Pressure the taxpayer to buy gift cards, then ask the taxpayer to provide the gift card number and PIN.

Who's calling

Here's how taxpayers can tell it's really the IRS calling. The IRS will never:

  • Call for immediate payment using a specific payment method such as a gift card, prepaid debit card or over social media.
  • Demand a taxpayer pay "or else."
  • Threaten to bring in law enforcement or immigration officers to have the taxpayer arrested for not paying.
  • Take a taxpayers citizenship status, driver's license or business license.

Identity theft actions

Any taxpayer who suspects they've been the victim of a scammer should:

More information:


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Thursday, January 16, 2025

e-News for Small Business Issue 2025-01

Filing season start date; disaster areas; final 2024 quarterly payment; mileage rates; research credit

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Issue Number:  2025-01

Inside This Issue


  IRS announces Jan. 27 start to 2025 tax filing season; continues historic improvements to expand, enhance tools and filing options


The 2025 tax filing season starts on Monday, Jan. 27, 2025 for Form 1040 filers, and will feature expanded and enhanced tools to help taxpayers as a result of the agency's historic modernization efforts.

These improvements include:

  • Expanding Direct File to 25 states.
  • More in-person help.
  • High levels of service on main taxpayer phone lines.
  • Mobile-friendly tax forms.
  • Virtual assistants to help with refunds, other questions.

Businesses can sign up for an IRS Business Tax Account to make filing taxes easier and help protect their tax information. Taxpayers can use online account for individuals if they file personal tax returns.

For taxpayers who will file with the help of a tax professional, the IRS urges them to use a trusted tax pro to avoid potential scams and schemes.

The Get Ready page on IRS.gov highlights steps taxpayers can take now to streamline the filing process. It also has many resources to help taxpayers before, during and after filing their federal tax return.

Find more info, including details on these topics, in the start of filing season announcement.

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  Disaster-area taxpayers with extensions: Some must file by Feb. 3, others May 1


The due dates for disaster-area taxpayers who received extensions to file their 2023 returns depend on their location.

For full details read disaster extension news release.

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  Reminder: Final 2024 quarterly estimated tax payment due Jan. 15


The IRS reminds small businesses to make their fourth quarter estimated tax payment on or before Jan. 15, 2025.

Some taxpayers who pay quarterly may overlook this last payment deadline of the year, which can result in unexpected penalties and fees when they file their returns in 2025.

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  Standard mileage rate for business use increases for 2025


The standard mileage rate for vehicles driven for business will increase by 3 cents in 2025. The mileage rates for vehicles used for other purposes will remain unchanged from 2024.

The updated standard mileage rates for the use of a car, van, pickup or panel truck are:

  • 70 cents per mile driven for business use.
  • 21 cents per mile driven for medical purposes.
  • 21 cents per mile driven for moving purposes for qualified active-duty members of the Armed Forces.
  • 14 cents per mile driven in service of charitable organizations.

The rates apply to fully electric and hybrid automobiles, as well as gas and diesel powered vehicles.

Notice 2025-5 contains the optional 2025 standard mileage rates, as well as the maximum automobile cost used to calculate mileage reimbursement allowances under a fixed-and variable rate plan.

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  Submit feedback on draft instructions for Form 6765, Credit for Increasing Research Activities


The IRS needs stakeholder input on the recently released draft instructions for Form 6765, Credit for Increasing Research Activities, also known as the research credit. The agency specifically wants feedback on Section G reporting for controlled groups, ASC 730 Directive, Section G business component detail and statistical sampling.

See the news release about the draft instructions for how to submit feedback.

Small business with qualifying research expenses can apply up to $250,000 of research credit against their payroll tax liability.

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  Final rules identifying certain partnership related-party "basis shifting" transactions as transactions of interest


The Department of the Treasury and the IRS issued final regulations identifying certain partnership related-party "basis shifting" transactions as transactions of interest – TOIs – subject to the rules for reportable transactions.

The regulations include:

  • Increased dollar threshold for basis increase in a TOI.
  • Limited retroactive reporting for open tax years.
  • Additional time for reporting.

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  Other tax news


These topics may be of interest to small businesses and their partners:

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