The IRS has announced a change in the requirement for e-filing in the Worker, Homeownership, and Business Assistance Act of 2009 (WHBAA).  The original requirement stated that beginning in 2011, tax return preparers who expect to file more than 10 individual, estate, or trust returns must file them electronically.  Under the relaxed rule, return preparers must file electronically in 2011 only if they anticipate filing 100 or more returns.  The IRS website further provides that tax return preparers will be required to start using electronic filing beginning Jan. 1, 2012 if they anticipate preparing 11 or more federal individual or trust tax returns during the year.  

FB&C will be required to e-file all individual, trust and estate income tax returns beginning with the 2011 filing season.  Many of our clients have already converted to e-filing in prior years.  For those who have not, we will work with each of you to explain the process which is simple and secure.  Please do not hesitate to contact us with any questions.  We will be providing you more information as the 2011 filing season approaches.

Experienced employees of FB&C write the contents of the materials posted on the blogs.  Carefully consider all facts and circumstances specific to your situation before applying information in our blogs and consult your FB&C advisor before acting on any information provided. The information is provided as general guidance and is not intended to constitute accounting, tax, legal or other professional advice.