Tax preparers with the customer master link can now add, update, and cease the Business Industry Classification (BIC) code for their clients.
To view or manage a client’s BIC code:
- log in to myIR and go to the Tax Preparer tab
- access the client
- go to ‘I want to’ section and select ‘Manage BIC codes’.
You can still update a client’s BIC when filing a return in myIR.