My Payroll Provider Asked Me To Sign A Form 8655…What Is It?
The Form 8655, also known as the Reporting Agent Authorization, is a document used by third-party reporting agents to authorize their clients to use their services for the electronic filing of certain forms with the Internal Revenue Service (IRS). This form is used by companies that provide payroll services, such as payroll providers and accountants, to file forms like the 940, 941, and 944 on behalf of their clients.
The Form 8655 is required for any third-party reporting agent that wants to file forms electronically on behalf of their clients. This includes both one-time filings and ongoing filings. The form must be completed and signed by both the reporting agent and the client, and it must be submitted to the IRS before the reporting agent can begin filing forms electronically on behalf of the client.
The Form 8655 is a simple form that requires basic information about the reporting agent and the client, such as the names and addresses of both parties, as well as the forms that the reporting agent will be filing electronically on behalf of the client. The form also includes a section for the reporting agent to provide their electronic filing identification number (EFIN) and their electronic transmittal number (ETN).
In summary, Form 8655, is a document that allows third-party reporting agents to file certain forms electronically on behalf of their clients with the IRS. The form is required for all electronic filings, including both one-time and ongoing filings. The form is easy to fill out and must be completed by both the reporting agent and the client and then submitted to the IRS before the reporting agent can begin filing forms electronically on behalf of the client.