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Bulletin Distribute To: home Care Consultant owner b Pharmacist b Delivery Personnel bother 1×3/14 Monthly Continuing Education (CE): URGENT Were On the Same Page with CMS Written Order Prior to
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WOTSP stands for Written Acknowledgment of Tax Shelter Participation.
Any taxpayer who participates in a tax shelter is required to file WOTSP.
WOTSP can be filled out online through the IRS website or by mailing a physical form.
The purpose of WOTSP is to disclose participation in tax shelters and provide acknowledgment to the IRS.
WOTSP requires taxpayers to report details of the tax shelter they participated in, as well as the amount of tax benefits received.
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