Why do I need to file Form 8655?

 Form 8655 is critical for you as a Reporting Agent, since it grants you the legal authority to file federal tax returns and make tax deposits on behalf of your client.

• Electronically filing employment tax returns and signing those returns on your behalf.

• Making tax deposits or initiating related electronic transactions.

• Receiving IRS notices, transcripts, or other confidential information about your employment tax accounts.

By filing Form 8655, your clients delegate the responsibility of tax filing and payments to you, ensuring compliance with IRS requirements and avoiding penalties for missed or incorrect filings. 

It also saves time for your clients, allowing you to handle the administrative burden on their behalf.