A general Power of Attorney grants the Attorney-in-Fact or Agent broad authority to act on behalf of the Taxpayer regarding all tax matters. A limited Power of Attorney, on the other hand, grants the Attorney-in-Fact or Agent authority to act on behalf of the Taxpayer only for specific tax matters or for a specific period of time. The Taxpayer should carefully consider which type of Power of Attorney is appropriate for their situation and clearly indicate their intentions on the form.