Trust Everyone Tie Camel Tree – VERIFY

Trust Everyone Tie Camel Tree – VERIFY

Trust Everyone Tie Camel Tree – VERIFY – There is an Arab proverb reminding us that while it’s all very well to trust in Providence and have faith that everything will work out, it does not let us off the hook from doing whatever we can at the same time to ensure a favorable outcome. When selecting an attorney, CPA, or other financial advisor or finance/investment professional in the United States, there are very easily accessible tools online. If you don’t vet your advisors carefully, YOU ARE AN ASSHOLE and deserve what you get.

A comprehensive discussion of available resources for vetting advisors registered with the US follows. Additional discussion relevant for international aspects follows later on this page.

Validation of Circular 230 Tax Professional Credentials 

Certified Public Accountants

The first step when you consider engaging a tax professional is verification of their credentials and review of professional disciplinary history. The tools available to perform that task include is a CPA lookup tool populated by official state regulatory data sent from Boards of Accountancy to a central database. The website represents the first ever single-source national database of licensed ‘ and CPA firms. Determine a CPA or CPA firm’s credentials without having to search each of the 55 Boards of  Accountancy website individually. Regulation CPAs Accountants Tax Pros

Enrolled Agent Validation

Trust Everyone Tie Camel Tree - VERIFY
Verify Enrolled Agents
Regulation CPAs Accountants Tax Pros

The Internal Revenue Service provides a tool for the validation of Enrolled Agent credentials. Need to verify whether someone is an enrolled agent? You may email requests for enrolled agent status verification directly to [email protected]. Please include the following information in your request:

  • First and Last Name
  • Complete Address (if available)
  • Enrolled Agent Number (if available)

Attorney License Look Up 

Trust Everyone Tie Camel Tree - VERIFY
Attorney Credential Verification
Regulation CPAs Accountants Tax Pros

Lawyer Legion is our “go to” for attorney license lookups for all fifty stateslegal associationslegal specialty credentials, and quick links for basic legal research.  When seeking detailed access to information about members of the California Bar, you can find that here

IRS Office of Professional Responsibility

Trust Everyone Tie Camel Tree - VERIFY
IRS Office of Professional Responsibility
Regulation CPAs Accountants Tax Pros

Internal Revenue Service
Office of Professional Responsibility
SE: OPR – Room 7238/IR
1111 Constitution Avenue NW
Washington, DC 20224

Fax: 855-814-1722

There is a critical analysis that must be considered in much of the analysis of Confidence Levels Tax Reporting Positions

Due Diligence – Selecting Tax Professionals

State Boards of Accountancy Guidance for CPA’s Service Cannabis Industry Businesses

FINRA BrokerCheck

BrokerCheck is a free tool to research the background and experience of financial brokers, advisers, and firms. BrokerCheck helps you make informed choices about brokers and brokerage firms-and provides easy access to investment adviser information. BrokerCheck tells you instantly whether a person or firm is registered, as required by law, to sell securities (stocks, bonds, mutual funds and more), offer investment advice or both. BrokerCheck gives you a snapshot of a broker’s employment history, licensing information and regulatory actions, arbitrations, and complaints.

Additional information can be found by checking with state securities regulators who can be found here.

Trust Everyone Tie Camel Tree – VERIFY

Look up the backgrounds of other financial professionals:

Trust Everyone Tie Camel Tree - VERIFY
Commodities & Futures Brokers

Commodities and
Futures Brokers

CFTC Smart Check

National Futures Association BASIC

Trust Everyone Tie Camel Tree - VERIFY
Insurance Agent


Contact your state’s insurance commission or call (866) 470-6242

Does a financial professional have a criminal record? Check here.

Competent Authority Arrangements

List of Approved Know Your Customer Rules

Trust Everyone Tie Camel Tree – VERIFY

Competent Authority Issues

Generally, if you are a U.S. resident for purposes of a U.S. income tax treaty, you can request assistance from the U.S. competent authority if you think that the actions of the United States, a treaty country, or both, cause or will cause a tax situation not intended by the treaty between the two countries. For instructions, see Revenue Procedure 2015-40, 2015-35 I.R.B 236. Before requesting assistance, you should read any specific treaty articles, including the Mutual Agreement Procedure (MAP) article, that applies in your situation. (The filers of Competent Authority claims involving Article XIII(8) of the United States’ treaty with Canada also should consult Revenue Procedure 98-21, 1998-8 I.R.B. 1.)

It is important that you make your request for competent authority consideration as soon as you have been denied treaty benefits or it is likely that the actions of the United States or the foreign country have resulted (or will result) in double taxation or taxation otherwise not intended by the treaty. Except where otherwise provided in an applicable treaty, taxpayers have discretion over the time for filing a request; however, delays in filing may preclude effective relief. In addition to a timely request for assistance, you should take the following measures to protect your right to the review of your case by the competent authorities:

  • File a timely protective claim for credit or refund of U.S. taxes in accordance with Section 11 of Revenue Procedure 2015-40.
  • Take appropriate action under the procedures of the foreign country to avoid the lapse or termination of your right of appeal or competent authority consideration under the foreign country’s income tax law. Many countries’ MAP procedures are summarized at the OECD page MAP Profiles.

The U.S. competent authority cannot consider requests involving countries with which the United States does not have an applicable tax treaty.

The office of the U.S. competent authority lies within the Large Business and International Division. Two primary offices within the U.S. competent authority conduct the MAP process. TAIT has primary responsibility for competent authority issues arising under all other articles of U.S. tax treaties. TAIT also has primary responsibility for competent authority issues arising under U.S. tax treaties with respect to estate and gift taxes.

TAIT contact information:
Telephone: 202-317-8978

Mailing Address:
Commissioner, Large Business and International Division
Internal Revenue Service
1111 Constitution Avenue, N.W.
Washington, D.C. 20224
(Attention: TAIT)

Revenue Procedure 2000-12 states that the IRS will not enter into a qualified intermediary (QI) withholding agreement that provides for the use of documentary evidence obtained under a country’s know-your-customer rules if it has not received the know-your-customer practices and procedures for opening accounts and responses to 18 specific questions listed in the revenue procedure.

This document lists those countries that have submitted know-your-customer rules and those rules have been approved.

The qualified intermediary agreement contains an attachment that lists the specific types of know-your-customer documentary evidence for each country that is sufficient for purposes of the qualified intermediary agreement. The IRS is working together with the organizations that have submitted acceptable know-your-customer rules to develop standardized attachments. The attachments can be seen here as soon as they are available. For more information, see Rev. Proc. 2000-12, Announcement 2000-48 and Notice 2006-35.

If a country is on the approved list, entities and branches located in that country may submit their QI applications. Once a specific attachment has been developed for a particular country, the IRS will associate the attachment with the qualified intermediary agreement it sends for signature. A qualified intermediary may suggest amendments to the attachment, but departures from the standardized attachment may delay the processing of an application.

Trust Everyone Tie Camel Tree – VERIFY

To determine whether the know-your-customer rules that have been submitted to the IRS cover a particular QI applicant, the applicant should look to the specific country attachment. For example, in some countries, different rules apply to banks and brokers. A QI applicant that is a bank or a broker should verify that the know-your-customer rules that have been submitted cover all the rules applicable to that applicant.

The list of approved countries is here.

LB&I Directive for the Use of MFT C6 on FBAR Examination Cases

FATCA IDES Resources and Support Information

OVDI / OVDP Attorneys

CPAs for Offshore Account Matters

Trust Everyone Tie Camel Tree – VERIFY

California Cannabis Chek

One thought on “Trust Everyone Tie Camel Tree – VERIFY”

Comments are closed.