ELECTRONIC FILING   INDIVIDUAL
11K - views

ELECTRONIC FILING INDIVIDUAL

Similar presentations


Download Presentation

ELECTRONIC FILING INDIVIDUAL




Download Presentation - The PPT/PDF document "ELECTRONIC FILING INDIVIDUAL" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.



Presentation on theme: "ELECTRONIC FILING INDIVIDUAL"— Presentation transcript:

Slide1

ELECTRONIC FILING INDIVIDUALBUSINESSTAX PROFESSIONALS

Louisiana Department Of Revenue

Slide2

Individuals

Slide3

ACT 452- Mandates Electronic Filing Tax Preparers who prepare more than 100 returns90% of those returns must be E-Filed

Slide4

INDIVIDUAL INCOME TAX Ways To File: Louisiana Department of Revenue’s Website

www.revenue.louisiana.gov

IT-540 (Resident Return)

IT540B (Non-Resident Return)

IT540NRA (Non-Resident Athlete)

Electronic

Filing MandateExtensions (single extensions or bulk extensions)– Electronic Filing Mandate

Slide5

INDIVIDUAL INCOME TAX 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

Slide6

Individual Income Tax Benefits of Modernized E-File: Simultaneous filing of federal and state electronic returns State Only electronic returns Prior Year Returns Accepted

Attachments

No Electronic Filing Cut Off

Date

Slide7

ERO Application Process 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.

http://www.rev.louisiana.gov/sections/eservices/default.aspx

Slide8

Paper Documents to be retained by ERO 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.

Slide9

Exclusions Exclusions in IRS publications 1345: IAT (International ACH Transaction) will not be accepted.

Slide10

Transmitting Louisiana Electronic Returns 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.

Slide11

Acknowledgements 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. Contact our office, Electronic Filing Help Desk at (225)-219-2490 if acknowledgement is not received within 3 business days.

Slide12

MEF Rejects2013 Filing SeasonRejects from software productRejects issued from LA for technical issues with the software* Contact your vendor for any technical reject issues

Slide13

Important Reminders PO Boxes are accepted Check acknowledgements to determine whether the return was received Include all Prepayments, Declaration amounts Do Not Mail the LA8453s to LDR

Slide14

Important Reminders Cont. Double check bank account information for direct deposit/direct debit Double check the date and/or amount for direct debit

Slide15

LDR WEB Filing Options

Slide16

LDR Web Filing and Payments Optionswww.revenue.louisiana.govClick

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

Slide17

Popular Linkswww.revenue.louisiana.gov

Slide18

Business

Slide19

Composite PartnershipNEW for 2013Composite Partnership Return (6922) will be available through MEF Third Party Vendors.Please contact your vendor to determine whether they will support this form.

Slide20

LDRLaTAP - Business Tax Options

Severance

Returns

Resale

Certificate

IFTA

Corporation

Slide21

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

Slide22

LaTap Options Continued• 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*

Slide23

LaTap Options Continued• 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.

Slide24

LDR Web Filing Options not on LATAPWithholding- LaWage W-2/L-3 (Annual Transmittal Document) Online Business RegistrationSeverance Tax Application Oil & Gas O1D, O3, O5, G1D, G3, & G5 Returns Bulk Extensions(Individual and Corporation)

Slide25

FSET- Withholding L-1 Returns and PaymentsFSET 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.

Slide26

Withholding Electronic Filing MethodsLaWageBulk 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)

Slide27

Payroll Information Employer’s Withholding TaxCurrent Requirement- 150 or more W-2s Act 452 required electronically filing

*

January 2014 - 100 or more

January 2016 - 50 or more

Slide28

Tax Professionals

Slide29

E-Fax NumberE- Fax Number for Attachments (225) 231-6221E-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.

Slide30

Approved Software VendorsApproved Software Vendor List for Tax Year 2013http://www.revenue.louisiana.gov/sections/preparer/default.aspx

Slide31

LA TAX AMNESTYhttp://ldrtaxamnesty.com/

Slide32

Contact Names and Phone Numbers State Electronic Filing Help Desk For Tax Practitioners and Transmitters OnlyTelephone: (225) 219-2488Shanna Kelly

Telephone: (225) 219-2490

E-mail addresses:

Shanna.Kelly@la.gov

Fax Number: (225) 219-2651

Slide33

Contact Names and Phone Numbers LaTap/EFT/Parish E-FileRodanda Washington/Cassandra Covington/Anne DunlapTelephone: (225) 219-2203 Fax Number: (225) 231-6201Parish E-Filehttps://parishe-file.revenue.louisiana.gov/default_1.aspx

E-mail addresses:

support-parishe-file@la.gov

Slide34

Louisiana Department of Revenue ContactsFed/State E-Filing Program (225) 219-2488 Stacy Garrett (E-Services Manager) Travis Fossett (Electronic Filing Coordinator) Substitute Tax Form Acceptance (225) 219-2763 Fay Guidry

Personal Income Tax (225) 219-0102

Forms Request (225) 219-2113

Telecommunications for the Deaf and Disabled (225) 219-2114

(TDD)

Slide35

Taxpayer Refund Information Options Check status of Income Tax Refund on our website.https://esweb.revenue.louisiana.gov/wheresmyrefund/ Refund status telephone number- 1

-888-829-3071

Slide36

QUESTIONS

Slide37

Slide38