Why you need an IRS Form 8821 Information Returns Checklist Template

IRS Form 8821, also known as Tax Information Returns, is how you file with the Internal Revenue Service (IRS) to receive access to your client’s tax information as a designee. You can also use it to give access to other 3rd parties that your client wants to share their tax information with.

As your client base grows and you hire more hands, you’ll need a standardized, efficient, and fast way of completing the process of requesting access to your client’s tax information. This is where our 8821 checklist template comes in handy.

Our IRS 8821 checklist template was carefully created to include all the necessary steps needed to accurately complete tax information returns. You can also customize it to fit your firm’s needs and share it with your team members.

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All You Need to Know About Filing IRS Form 8821

How our IRS Form 8821 Template will help your firm

Our form 8821 checklist template will help your firm:

Accurately file tax information returns without skipping any important steps:

You may be an expert at filing tax information returns but you probably can’t say the same for all your employees. With our 8821 tax return checklist template that includes step by step instructions, every member of your team will accurately file a tax information return without skipping any important steps or making costly mistakes.

Manage heavy workload without skipping a beat during tax season:

Tax seasons are extremely busy, coupled with pressure from both upcoming IRS deadlines and clients, using our 8821 checklist will help you and every member of your team complete the tax information returns faster and more precisely.

Standardize and streamline processes across your firm:

Because everyone works differently, you may find that members of your team have different ways of completing work (with varying degrees of accuracy). Having a standardized way of completing processes through a checklist will save you from the headache that comes with inconsistent work.

Deliver excellent work that drives client satisfaction and referrals:

Our IRS Form 8821 checklist template was carefully created to help you and your firm accurately carry out tax information. And when you use the tax information returns to help your clients save money, avoid penalties or get refunds from the IRS, they’ll eagerly refer their friends to your firm.

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IRS Form 8821 Instructions for Filing.

What you’ll find in our Form 8821 Checklist Template

In our fully editable and customizable IRS form 8821 Checklist Template, you’ll find:

  • A list of tasks (steps) to complete tax information returns.
  • Space to indicate the status of each task
  • Due date
  • Assignee
  • Notes

 

Note: Remember that you can add or remove any of these items to fit your firm’s unique processes.

How to use our form 8821 Tax Information Returns Checklist Template

To use our 8821 checklist template, simply:

  • Download the template
  • Or create an account with Financial Cents to access the template

 

After you’ve gotten your copy of the template:

  • Review each step and determine if you want to remove or add anything.
  • Optionally, you may add your logo to customize it to your firm.
  • Share it across your team via email or your file sharing platform.
  • You can also create a video to explain the tasks and any other important details to your team.

IRS 8821 Tax Information Returns Checklist Template FAQs

Are the tasks in the 8821 information returns checklist template accurate?
Yes, they are. We created our 8821 tax information returns checklist template with feedback from bookkeepers and accountants like you. However, please review each task carefully and feel free to edit them to fit your firm’s unique needs.

Can I use the 8821 information returns checklist template for all business returns?
This checklist template is specifically for IRS Form 8821 tax return process.

Can I use the 8821 tax information returns checklist template within the Financial Cents application?
Absolutely! In fact, that’s the better way to use and maximize this template. In Financial Cents, you can create a project from this checklist template, making it easy for you and every member of your team to get work done. Financial Cents also gives you a great overview of all client work and projects so you never miss another deadline.

 

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