Form 2848, Power of Attorney and Declaration of Representative
Form 2848, Power of Attorney and Declaration of Representative
Form 2848, Power of Attorney and Declaration of Representative, is an IRS document that allows an individual or entity to authorize a representative to act on their behalf in tax matters. Key points include:
1. Grants specific powers to a tax professional or other representative
2. Used for dealing with the IRS on tax issues
3. Specifies the tax matters and years covered
4. Requires information about both the taxpayer and the representative
5. Must be signed by both parties
6. Can be revoked or expire after a set time
This form is essential for taxpayers who need assistance with complex tax issues or representation before the IRS. It allows tax professionals to communicate directly with the IRS, access tax records, and make decisions on the taxpayer’s behalf. Unlike a general power of attorney, Form 2848 is limited to tax-related matters. It’s commonly used by individuals, businesses, and estates dealing with audits, appeals, or other tax controversies. Proper completion of this form ensures smooth communication between the taxpayer, their representative, and the IRS.