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Attachment 2
NUMBER
C 671STANDARD OPERATING PROCEDURE
PROJECT CLOSEOUT FOR CIP CONTRACTS
Project Construction1.0PAGE 1
OF 5DEPARTMENT
Public WorksEFFECTIVE
DATE
012712AUTHOR
Zinc RummaniREVISED
DATE
xxxxxxPURPOSE:The
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What is c- 671?
C-671 is a form used for reporting specific financial information to the IRS.
Who is required to file c- 671?
Entities designated by the IRS are required to file c-671.
How to fill out c- 671?
C-671 can be filled out manually or electronically following the instructions provided by the IRS.
What is the purpose of c- 671?
The purpose of c-671 is to report financial information to the IRS for tax purposes.
What information must be reported on c- 671?
Specific financial information such as income, expenses, and assets must be reported on c-671.
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