Master IRS Form 2848: Power of Attorney and Declaration of Representative

📝IRS Form 2848 is used to appoint a representative for tax matters before the IRS.

💼The representative must be authorized to practice before the IRS, such as an attorney, CPA, or enrolled agent.

🔍Form 2848 should only be used for tax matters and not for other purposes.

📄Completing each section of the form accurately is crucial, including taxpayer and representative information, acts authorized, and acts not authorized.

❌Revoking a prior power of attorney requires specific steps and documentation as outlined in the form instructions.

Can I use Form 2848 for purposes other than tax matters?

—No, Form 2848 should only be used to appoint a representative for tax matters before the IRS. Other tax forms serve different purposes.

Who can be appointed as a representative?

—Representatives must be authorized to practice before the IRS, such as attorneys, CPAs, enrolled agents, or other eligible individuals.

What information is required on Form 2848?

—You need to provide accurate taxpayer information, representative details, acts authorized, and any acts not authorized on the form.

How do I revoke a prior power of attorney?

—To revoke a prior power of attorney, write 'revoke' across the first page, sign, and date it. Follow the instructions on submitting a copy to the IRS.

Does filing Form 2848 update my address with the IRS?

—No, filing Form 2848 does not update the taxpayer's last known address with the IRS. Separate forms are needed for address updates.

00:00IRS Form 2848, also known as the Power of Attorney and Declaration of Representative, is explained.

07:32Completing Form 2848 accurately, including taxpayer and representative information, is crucial.

09:43Acts authorized and acts not authorized on Form 2848 should be clearly specified.

12:47Different designations and requirements for representatives are explained.

15:14Important instructions on revoking prior powers of attorney are provided.