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IRS, AICPA Announce Agreement to Assist Disaster Victims
WASHINGTON --
The Internal Revenue Service announced Wednesday that it will partner
with the American Institute of Certified Public Accountants (AICPA)
to provide assistance to taxpayers at local disaster recovery centers
established by the Federal Emergency Management Agency (FEMA). To
that end, the IRS and AICPA have signed an agreement, according
to an IRS press release.
The CPA volunteers
will soon join IRS employees to staff disaster recovery centers
servicing some of the areas affected by Hurricane
Katrina.
“With
so many American lives disrupted by Hurricane Katrina and its aftermath,
the ability to expand service by using CPA volunteers should help
reduce some of the tax issues victims will face,” said IRS
Commissioner Mark W. Everson. “These volunteers will provide
the technical expertise and skills necessary to explain the laws
regarding disaster-related tax relief.”
When the President
designates an area to receive federal disaster assistance, FEMA
opens local disaster recovery centers where individuals and businesses
may register for disaster aid. IRS assigns employees to staff these
local centers to provide tax assistance to taxpayers. Occasionally,
IRS must augment its capacity to staff these centers.
Under the terms
of the partnership agreement, the IRS and the AICPA will test the
use of volunteer CPAs at FEMA’s disaster recovery centers
to facilitate service to those seeking aid. The IRS will request
support from the profession to supplement staff on an as-needed
basis.
Both IRS and the AICPA will work with CPA volunteers at FEMA disaster
recovery centers in Presidentially-declared disasters to reach more
taxpayers and inform them of the services offered.
“CPAs
are working in the public interest to help Americans with their
financial recovery from major disasters such as Hurricane Katrina,”
said Barry Melancon, AICPA President and CEO. “Many CPAs have
already established themselves as essential members of the communities
in which they live. With this program, they can meet a critical
need for Americans who have turned to FEMA shelters for help and
comfort. There are so many decisions to be made once disaster strikes
and the CPA community has come together to help make that process
as smooth as possible.”
Information
regarding disaster tax relief may be found on the IRS’s Web
site at IRS.gov.
-- NSSCPA.org
News Staff
Posted on
9/7/05
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