DKC Power of Attorney

Many of you have recently received correspondence from us and DocuSign e-mails regarding our firm’s submission of Power of Attorney forms for your respective tax accounts.  We appreciate your attention to these matters and thought it would be helpful to explain why we consider these a necessary part of our tax advisory services.

In recent years the IRS has experienced significant funding and staffing cuts, which has led to the loss of 25%-30% of their workforce.  Congress also rescinded $11.7 billion in funding originally set aside by the Inflation Reduction Act (IRA) which severely limits their ability to conduct audits and resolve issues with taxpayers.  Our firm has seen the impacts resulting from these changes which include substantially longer wait times to speak to agents, inaccurate notices and very slow processing times for tax filings and correspondence.

Having Power of Attorney forms on file with the IRS allows our firm to have greater access to IRS records and agents.  With this level of authority, we’ve found that it is easier and more efficient to track taxpayer related cases and verify what the IRS records reflect in our continuing efforts to avoid miscommunication or unnecessary notices.

If you have any questions or concerns regarding this approach, please feel free to reach out to your DKC representative.