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Form 8993

Form 8993

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Contracts the corporaconvertible the the an business a corpostock H.R. 1st 200, 1st 423, Applicability Dates: For dates of applicability, see § 1.1275–1(k)(3). AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Final regulations. SUMMARY: This document contains final regulations relating to the federal income tax treatment of annuity contracts issued by certain insurance companies. The regulations provide guidance on whether certain annuity contracts are excluded from the definition...
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Music hello and welcome in this video we're going to talk about IRS Form 2848 power of attorney and declaration of representative will explain what this form authorizes who should use it plus some helpful tips to make sure the IRS will approve your request for power of attorney let's jump right in tip number one what is IRS Form 2848 and who should use it only certain people can be granted power of attorney using form 2848 for tax professionals that group includes attorneys CPA's and enrolled agents this form allows tax professionals to represent their client before the IRS as if they were the taxpayer there are a number of reasons this type of representation may be necessary maybe your client is out of the country during tax season, or they're limited in their ability to communicate because of a medical condition maybe you represent a corporation or individual with unresolved tax debt the 2848 allows you to define and limit the scope of the authority your client wishes to grant but mo

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