IRS PTIN system continues to accept 2011 renewals

BY ALISTAIR M. NEVIUS

The IRS online system to apply for a new preparer tax identification number (PTIN) is back up and running after a two-week hiatus for maintenance. In addition, the system is continuing to accept 2011 PTIN renewals even though the Dec. 31, 2011, renewal deadline has passed.

The IRS has also posted online troubleshooting tips to help practitioners who encounter various problems in applying for or renewing a PTIN.

In an email to practitioners, the IRS said that additional guidance will be issued this month for preparers whose PTINs have expired.

CPAs and other tax return preparers are required to obtain and/or renew their PTIN if they are compensated for preparing or assisting in the preparation of “all, or substantially all” of any U.S. federal tax return or refund claim.

Alistair M. Nevius is editor-in-chief of The Tax Adviser.

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