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.

More from the JofA:

 Find us on Facebook  |   Follow us on Twitter  |   View JofA videos

SPONSORED REPORT

Tax reform changes are now in effect

With all the recent tax law changes, this year it’s more important than ever to make sure your clients’ tax situations are squared away before year end. This report provides necessary guidance to ensure 2019 starts without a hitch.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.