The IRS has begun accepting renewals and new applications for PTINs for calendar year 2015.
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All paid preparers of federal tax returns must renew their PTINs for 2015. Renewal must be completed before preparing any 2014 tax returns.
Although the IRS may not require federal tax return preparers who are not EAs, CPAs, or attorneys to pass a test and complete yearly continuing education, the IRS still has the authority to require that all paid federal tax return preparers register with the IRS and obtain a PTIN.
Click here to read the entire CrossLink Tax Update that includes further information on renewing or registering your PTIN for the 2015 tax season.
Showing posts with label PTIN application. Show all posts
Showing posts with label PTIN application. Show all posts
Wednesday, October 22, 2014
Tuesday, January 22, 2013
BREAKING: IRS Return Preparer Program Has Been Suspended
IRS Return Preparer Program Has Been Suspended
On Friday, January 18, the US District Court for the District of Columbia struck down the IRS’s registered tax return preparer program. They also enjoined the IRS from enforcing the return preparer regulations regarding the testing and continuing education requirements for tax return preparers.
The ruling does not affect the regulatory practice requirements for CPAs, attorneys, enrolled agents (EAs), enrolled retirement plan agents, or enrolled actuaries.
As a result of this ruling, the IRS has suspended all requirements for the registration, testing, and continuing education for registered tax return preparers effective immediately.
Therefore the IRS has:
To read more see the January 22 IRS Statement on Court Ruling Related to Return Preparers on the IRS website.
As soon as more information becomes available we will let you know.
On Friday, January 18, the US District Court for the District of Columbia struck down the IRS’s registered tax return preparer program. They also enjoined the IRS from enforcing the return preparer regulations regarding the testing and continuing education requirements for tax return preparers.
The ruling does not affect the regulatory practice requirements for CPAs, attorneys, enrolled agents (EAs), enrolled retirement plan agents, or enrolled actuaries.
As a result of this ruling, the IRS has suspended all requirements for the registration, testing, and continuing education for registered tax return preparers effective immediately.
Therefore the IRS has:
- Stopped accepting renewals of PTINs
- Stopped accepting applications for new PTINs
- Will no longer allow preparers to schedule an appointment for the RTRP exam
- Made the continuing education requirement voluntary
To read more see the January 22 IRS Statement on Court Ruling Related to Return Preparers on the IRS website.
As soon as more information becomes available we will let you know.
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