PTINs for 2013 are Ready for Issuance.
The PTIN renewal and registration for 2013 are now available. Regulations require all paid tax return preparers obtain a Preparer Tax Identification Number (PTIN). Preparers must renew their PTIN each year by December 31. The renewal fee is $63.00 and the initial application fee is $64.25. Please remember to confirm that your credentials and all […]
Californian CTEC Preparers, Renewal is Due in 9 Days!
Below is a list of dates with corresponding late fees. Don’t forget these late fees are IN ADDITION to the regular renewal fee. Also, these fees do NOT include your PTIN fee. October 31st- Deadline to renew with CTEC, Pay California $25 After 10/31- Jan. 1st- Late renewal with CTEC, Pay California $25 to renew […]
IRS Sends Letters Due to Schedule C Mileage Errors, Suggests Education Visits
The IRS will be sending out approximately 5,000 letters to tax preparers of all designations who filed tax returns with a Schedule C that have a high percentage of traits typically found to have errors. These letters are being sent prior to the tax-filing season. The IRS has acknowledged that they specifically targeted returns that […]
Best Time to Start a Tax Prep Business? Right now!
Whether you are searching for yourself or with a fellow tax preparer, regardless of previous experience, you will find that this is the best and last year to open your own tax prep business with the fewest barriers to enter the industry. New federal tax preparer requirements set in place will be enforced strictly next […]
Important CTEC Info! California Preparers, Time’s ticking!
California CTEC Information & Pricing: CTEC Renewal (20 hrs) New CTEC Certification (60 hrs) FD Partners: $69.99 $169.99 Non Partners: $99.99 $249.99 $$$ Important CTEC Deadlines $$$ October 31st- Deadline to renew with CTEC, Pay California $25 After 10/31- Jan. 1st- Late renewal with CTEC, Pay California $25 to renew with $55 late fee After […]