How to Properly Revoke a Power of Attorney for IRS Matters- A Step-by-Step Guide

How to Revoke a Power of Attorney IRS

Revoking a power of attorney is an important step to ensure that your financial and personal affairs are managed according to your current wishes. If you have granted someone a power of attorney (POA) to act on your behalf with the IRS, you may need to revoke it for various reasons. This article will guide you through the process of how to revoke a power of attorney with the IRS.

Firstly, it is crucial to understand that a power of attorney is a legal document that grants someone the authority to make decisions on your behalf. When it comes to the IRS, this person can handle tax-related matters, such as filing taxes, paying taxes, and communicating with the IRS on your behalf. However, if you wish to revoke this authority, follow these steps:

1. Review the Original Power of Attorney Document:

   Locate the original power of attorney document that you signed. This document should contain the name and contact information of the person you granted the authority to act on your behalf.

2. Prepare a Revocation Letter:

   Create a written revocation letter that clearly states your intention to revoke the power of attorney. Include the following information:

1. Your full name and contact information.

2. The name and contact information of the person who was granted the power of attorney.

3. The specific authority you are revoking (e.g., tax matters with the IRS).

4. The date on which the power of attorney is revoked.

5. A statement that any future actions taken by the person on your behalf after the revocation date are void.

3. Sign and Date the Revocation Letter:

   Sign the revocation letter in the presence of a notary public, if required by your state’s laws. Date the letter to ensure that the revocation is effective as of that date.

4. Deliver the Revocation Letter:

   Send the revocation letter to the person who was granted the power of attorney. It is also advisable to send a copy to the IRS to ensure that they are aware of the change in authority. You can mail the letter to the following address:

1. Internal Revenue Service
   
   PO Box 8041
   
   Boston, MA 02208

5. Keep a Copy for Your Records:

   Make sure to keep a copy of the revocation letter for your records. This will serve as proof that you have revoked the power of attorney.

By following these steps, you can effectively revoke a power of attorney with the IRS and regain control over your financial and tax-related matters. Remember to consult with a legal professional if you have any questions or concerns during the process.