For anyone who has not heard the deadline for avoiding having to take the RTRP Examination until December 2013 is October 1st.  Federal Direct can assist you get your PTIN now, but if you delay, you will experience multiple additional charges and an examination before you can preparer taxes this year!  If you do not […]

The IRS issued notice that Tax Preparers who have already been issued a PTIN (preparers tax identification number) will have up until December 31st, 2013, to complete their testing requirement.  The test will be administered at over 260 Prometric locations across the US, and will be partially “open-book”.  The testing facilities will provide copies of […]

The IRS has began sending letters to about 100,000 tax return preparers who either used outdated PTINs or used social security numbers instead of a PTIN when filing returns this past tax season. The letters explain the new oversight program, inform preparers of how to register for a new PTIN, or renew an old PTIN, […]

Tax Preparers were required to get a Preparer Tax Identification Number last tax season.  Those PTINs were initially scheduled to expire one year, to the day, from when they were issued.  That time frame has been changed by the IRS, now all PTINs will expire on 12/31 of the following year.  This translates to anyone […]

The IRS is moving forward with implementing their testing requirement for tax preparers and they have stated that this will be in place for this coming 2011 tax season, starting January 2012.  One way to postpone having to take the preparer competency examination is to have your PTIN issued prior to the IRS implementing the […]