Tag: TERM

Extension Notice Code A two digit code assigned to Forms 2688/4868 identifying if the applications for extension of time to file returns were fully approved, granted 10–day approvals or denied, and the reason for the action taken.

Error Resolution System (ERS) An on-line real-time error correction system where information is virtually immediately corrected and updated on the SCCF. The information within a block must be corrected sequentially. This is a quality control feature that forces all errors within a block to be corrected.

ERISA Filing Acceptance System (EFAST) EFAST is a system, built and operated by NCS Pearson in Lawrence, Kansas, under contract to the Department of Labor, to process Form 5500 series returns. EFAST replaced IRS pipeline processing of the 1999 plan year returns in July 2000 and all plan year returns in July 2001. EFAST-processed returns… Continue reading ERISA Filing Acceptance System (EFAST)

Entity Module Is that portion of the master file record which identifies the taxpayer. It contains his/her name, address, Social Security or Employer Identification number, employment code if applicable, name control, location codes, filing requirement codes, tax period, and date of establishment. In the case of IMF it also includes filing status, spouse’s name and… Continue reading Entity Module

Entity Index An index of all entity modules at a given service center, used by DIS when inputting returns. This is updated periodically by the centers.

Entity The portion of the master file record which identifies the taxpayer. It contains the name, address and SSN or EIN.

Enterprise Computing Center (ECC) Located in Martinsburg, West Virginia, this center houses the master file records for the entire nation. Previously known as Martinsburg Computing Center (MCC).

Enforcement Revenue Information System (ERIS) ERIS is a new tracking system which will extract information for reports from existing systems. When fully implemented, it will track an account from the beginning of an examination through the collection activity.

End-of-Day Processing (EOD) Processing that occurs at the end of each day. This process uses the gendata records produced by Realtime and transactions from GMF to send transactions to Master File for posting.

Encoder The hardware equipment that writes the magnetic information character recognition (MICR) on the bottom of incoming checks. It also prints identifying information on the back.