1. General Durable Power of Attorney for Property and Finances Effective Upon Disability
2. General Durable Power of Attorney for Property and Finances Effective Immediately
3. Power of Attorney for Care and Custody of Children
4. Statutory Living Will and Advanced Directive for Healthcare
Form 2848, also known as Power of Attorney and Declaration of Representative, is a legal document provided by the Internal Revenue Service (IRS) that authorizes an individual or entity to act as a representative for another taxpayer before the IRS. This form allows the designated representative, typically an attorney or tax professional, to handle various tax matters on behalf of the taxpayer. When completing this form, it is important to provide detailed and accurate information to ensure the IRS recognizes the power of attorney. The form must include the taxpayer's identifying information, such as their name, Social Security number or employer identification number (EIN), address, and contact details. Additionally, the form requires the representative's information, including their name, firm name (if applicable), address, contact information, and their own taxpayer identification number. There are various situations where a taxpayer may need to use this form. For instance, if the taxpayer is facing an audit or examination, they may authorize a tax attorney to interact with the IRS on their behalf, providing information and supporting documents to defend their position and negotiate any potential liabilities. Form 2848 can also be utilized when applying for a tax refund, negotiating an installment agreement, or appealing a tax decision. It is worth mentioning that there may be additional specific power of attorney forms for certain matters or circumstances. For instance, taxpayers who require representation solely for estate tax purposes may need to use Form 706, Power of Attorney and Declaration of Representative. Likewise, businesses seeking representation for estate and gift tax matters would need to use Form 709, Power of Attorney and Declaration of Representative. In summary, Form 2848, the Power of Attorney and Declaration of Representative, allows taxpayers to appoint someone else, usually an attorney or tax professional, to act as their representative before the IRS. By completing this form accurately and thoroughly, individuals can ensure that their representative has the authority needed to handle tax-related matters effectively.
