New Change in Templates

New Change in Templates
  • The IRS has updated its form 2553 to include a new line for the taxpayer’s Social Security number (SSN), in order to help prevent identity theft.
  • In addition, the form has been updated to clarify the requirement for the taxpayer to attach a copy of the form if the taxpayer is a corporation or a partnership.
  • The IRS also updated the form to include new instructions on how to report the tax year of formation for a corporation or a partnership.
  • Lastly, the IRS updated the form to clarify the requirement for the taxpayer to attach a copy of the form if the taxpayer is a trust.