With staffing burdens impacting the IRS as much as any other sector, it is increasingly difficult to reach an agent via phone for timely tax-related questions and information. To help alleviate this issue, the IRS is now using ID.me, which allows taxpayers to access a host of account information online once they establish an account.
If you already have an ID.me account from another government agency, you can use those same credentials to sign into the IRS. New users will need to create an ID.me account by going to https://www.irs.gov/payments/your-online-account. The process takes about 10 minutes to complete, and you will need the following:
- An email address
- Cell phone with texting capabilities
- Driver’s license, passport or state ID
- Ability to take a selfie with a smart phone or computer webcam
- Social Security number
You’ll go through several verification and confirmation steps. Once your identity has been verified, you will be able to access the following information/take the following actions from your new online account (found at https://www.irs.gov/payments/your-online-account).
- View economic impact payments
- View advanced child credit payments
- View payment history
- Access various 1040 transcripts
- Apply for a payment plan
- View digital copies of certain IRS notices
- Make payments to the IRS
- View the amount you owe to the IRS by year
- Approve and sign electronically Power of Attorney from a tax professional
Once you are registered and can access your IRS account online, let your tax professional know, as the account can help them more efficiently prepare your taxes.
Contact Laura White at email@example.com or a member of your service team to discuss this topic further.
Cohen & Company is not rendering legal, accounting or other professional advice. Information contained in this post is considered accurate as of the date of publishing. Any action taken based on information in this blog should be taken only after a detailed review of the specific facts, circumstances and current law.