The Internal Revenue Service (IRS) recently announced it is retiring the Disclosure Authorization (commonly referred to as a "power of attorney” or "POA”) and Electronic Account Resolution options on e-Services on August 11, 2013. The IRS claims the retirement is due to the low usage of the program for these two services.
The LCPA and AICPA has received numerous e-mails and telephone calls from members expressing concerns. Tax practitioners are most concerned about the submission of the POA. For example, tax practitioners could submit a POA and obtain transcripts for clients almost immediately during busy season. CPAs are now concerned that they will be forced to call the IRS’s Practitioner Hotline and be subject to long wait times to obtain the same information.
Meetings are being held with the IRS to express the CPA profession’s concerns with the IRS’s decision. We’ll keep the membership informed about any additional information we receive from the IRS, as well as any follow-up actions the IRS decides to take in reaction to practitioners’ concerns.