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ELECTRONIC FILING INDIVIDUAL BUSINESS TAX PROFESSIONALS.

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Presentation on theme: "ELECTRONIC FILING INDIVIDUAL BUSINESS TAX PROFESSIONALS."— Presentation transcript:

1 ELECTRONIC FILING INDIVIDUAL BUSINESS TAX PROFESSIONALS

2 Tax Preparers who prepare more than 100 returns 90% of those returns must be E-Filed

3 Ways To File: Louisiana Department of Revenue’s Website IT-540 (Resident Return) IT540B (Non-Resident Return) IT540NRA (Non-Resident Athlete) Electronic Filing Mandate Extensions (single extensions or bulk extensions)– Electronic Filing Mandate

4 Ways To File Continued: Third Party Software Vendors supporting Modernized Electronic Filing (MEF) IT-540 (Resident Return) IT-540B (Non-Resident) IT-540NRA (Non-Resident Athlete) Electronic Filing Mandate Extensions – Electronic Filing Mandate

5 Electronic Return Originators or ERO’s accepted by the IRS will automatically be accepted into the state e-file program. Only software developers are required to test with LA returns (ATS- Acceptance Testing System) A list of approved software vendors has been provided on the LDR Website on the Tax Professional page.

6 The Forms LA8453 and corresponding W-2forms, 1099s and all supporting documentation must be retained for at least 3 years. (Taxpayer’s form LA8453OL) If using PIN (Personal Identification Number) retain Federal E-file signature Authorization Document, IRS Form 8879 The LA8453 will be used as an information document when IRS Form 8879 is used. The LA8453 must be signed and retained when a state only return is transmitted.

7  Delays in the 2013 tax season  If you have not received an acknowledgment after 72 hours, send an to with a list of the submission ids for the returns.  Acknowledgements will not be issued during system upgrade – October 27 through November 5, 2014

8 Exclusions in IRS publications 1345: IAT (International ACH Transaction) will not be accepted. IAT- Funds originating from or being deposited in an account outside of the continental United States.

9 Follow procedures set by IRS Publication 1345 (Handbook for Authorized IRS e-file Providers of Individual Income Tax Returns) When transmitting both returns together, it is important to note that if either return rejects, both returns will reject.

10 After Louisiana retrieves the returns from the IRS an electronic acknowledgement is generated for each return and sent to IRS to provide to transmitters Transmitters should verify that the software includes the state acknowledgement retrieval from IRS. if acknowledgements are not received within 3 business days. Please include the submission ids.

11 2014 Filing Season Rejects from software product Rejects issued from LA for technical issues with the software * Contact your vendor for any technical reject issues

12 PO Boxes are accepted Check acknowledgements to determine whether the return was received Include all Prepayments, Declaration amounts Double check bank account information for direct deposit/direct debit Double check the date and/or amount for direct debit

13 LDR WEB Filing Options

14 Click File returns via web Submit direct debit payments online and specify effective date of payment Submit credit card payments online Specify direct deposit information for refunds

15 Composite Partnership Return (6922) are available through MEF Third Party Vendors. Please contact your vendor to determine whether they will support this form.

16  The Louisiana Taxpayer Access Point is getting a major renovation.  The upgrade will provide new and improved account management options.  To prepare for the upgrade, the system will be unavailable beginning Monday, Oct. 27 at 5:00 pm.

17  The renovated LaTAP will be available Wednesday, November 5 th.  You will not be required to create a new user ID. Your current user ID and password will allow you to log into the upgraded LaTAP.  Previously saved payment source information will have to be re-entered.

18  Please make any necessary adjustments to your payment and return schedule to account for LaTAP down time.  We regret any inconvenience.  If you have any questions, please call  (855) , option 3.

19 LDR LaTAP - Business Tax Options Severance Returns Severance Returns Corporation

20 New for November 2014 Fiduciary Return ( IT-541)

21 Who Can Access LaTAP? Louisiana tax accounts, including: *Fiduciary Automobile Rental * Corporation Income & Franchise Excise – Beer* Excise – Special Fuel Supplier* Excise – Alcohol Excise – HZ Waste Excise – Inspection and Supervision Excise – Transportation and Communication

22 Excise – Wine Direct Shipper Fuel – Aviation Fuel Dealer Fuel – Distributor/Exporter/Blender Fuel – Importer Fuel – Motor Fuel Transporter Fuel – Supplier Fuel – Terminal Operator International Fuel Tax Agreement* New Orleans Exhibition Hall* NO Hotel/Motel*

23 Oilfield Site Restoration, Gas* Oilfield Site Restoration, Oil* Sales* Severance – Gas* Severance – Minerals Severance – Oil* Severance – Timber Statewide Hotel/Motel* Withholding* Prepaid Cell* Tobacco *File, pay, and view. All others pay and view only.

24 Withholding- LaWage W-2/L-3 (Annual Transmittal Document) Online Business Registration (Online Registration for Business will be moving to LaTAP on Friday, October 24, 2014.) Severance Tax Application Oil & Gas O1D, O3, O5, G1D, G3, & G5 Returns Bulk Extensions(Individual and Corporation)

25 FSET is an option that began in 2012 which allows quarterly L1 Return Filing & state withholding payments through a third party software vendor. FSET allows you to:  File withholding tax payments electronically.  File your quarterly L-1 returns electronically.

26 LaWage Bulk W2 submissions (Payroll Services/ Tax Preparers) Bulk 1099 submissions (Payroll Services/Tax Preparers) L-3 Annual Transmittal (Payroll Services/Tax Preparers) FSET (Third Party Software) Bulk L1 Quarterly Returns (Payroll Services/ Tax Preparers) Bulk Payments (Payroll Services/ Tax Preparers) LaTap Manual Semi-Monthly, Monthly & Quarterly Payments (Tax Preparers/Businesses) Manual L1 Quarterly Returns (Tax Preparers / Businesses) ACH Credit Semi-Monthly, Monthly & Quarterly Payments (Payroll Services / Tax Preparers / Businesses)

27 Current Requirement- 100 or more W-2s Act 452 required electronically filing January or more January or more

28 Please attempt to send your attachments electronically through your software. E- Fax Number for Attachments still an option, but is discouraged (225) E-Fax cover letter should include the taxpayer’s name, LDR account number and tax filing period. *Declaration pages for Citizens Assessment should not be E- Fax for E-filed returns unless requested.

29 Approved Software Vendor List for Tax Year Under Tax Professionals Page

30 State Electronic Filing Help Desk For Tax Practitioners and Transmitters Only Telephone: (225) Shanna Kelly Telephone: (225) addresses: Fax Number: (225)

31 LaTap/EFT/Parish E-File Rodanda Washington/Ethel Taylor/Anne Dunlap Telephone: (855) , option 3 Fax Number: (225) Parish E-File inquiries:

32 Check status of Income Tax Refund on our website. https://esweb.revenue.louisiana.gov/wheresmyrefund/ Refund status telephone number

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