PTIN Tax Preparers -What do you call yourself?

A terminology guide for Registered Tax Preparers The new IRS rules for Registered Tax Preparers have left professional tax preparers wondering about their official designation. The┬áNotice of Proposed Rulemaking Regulations Governing Practice Before the Internal Revenue Service states this: An … [Read more...]

Costs of IRS Competency Testing and PTIN Registration

In the November 1, 2010 IRS Bulletin the Internal Revenue Service made some estimates as to the cost of the new PTIN (Preparer Tax Identification Number) registration requirements. The IRS also made known that their estimate on the costs of the┬áregistered tax return preparer competency examination … [Read more...]

PTIN and Preparer Licensing News

IRS Moves Forward With Preparer Registration Plan from the Journal of Accountancy, August 19, 2010 On Thursday, the IRS issued proposed regulations that would put into place many of the parts of its plan to register and regulate tax return preparers (REG-138637-07). Proposed amendments to … [Read more...]