One of the requirements for the new PTIN registration process is to be in tax compliance for both business and personal tax filings.  This means that you must have filed your tax returns and if you owe, you must have contacted the IRS and entered into a payment arrangement program.  In short, if you want […]

The IRS begins notifying former tax return preparers that they must renew their PTINs if they are still intending on being paid preparers this coming tax season. Use of the PTIN will be required on all federal returns prepared by paid tax return preparers starting Jan. 1. This requirement is for all return preparers, even […]

If you do not yet have an EFIN for your tax office, this should be the number one priority for getting your office set up for the coming tax season. An EFIN is your tax office’s equivalent of an IRS license. This number allows you to electronically file tax returns for profit. Without an EFIN […]

Preparers identified as being “at risk” for filing 2010 returns with EITC errors, will get letters, visits and due diligence audits. The contacts are focused primarily on education and are aimed at improving compliance with regulations. IRS will monitor returns and continue to ramp up enforcement if improvement isn’t evident.

The IRS online PTIN application has some serious bugs that they are attempting to fix quickly, but it is currently very difficult to get a PTIN issued.  One of the most common complaints that we are getting is:  if you are listed as a “Spouse” on a married filing joint tax return, you will not […]