Note To Tax Professionals and Other Interested Parties April 26, 2010 Deadline to Submit Comment

April 2, 2010

The Internal Revenue Service today issued proposed regulations allowing the IRS to require that tax return preparers use Preparer Tax Identification Numbers (PTINs) as the preparer’s identifying number on all tax returns and tax refund claims that they prepare. These regulations when final will implement some of the recommendations in Publication 4832, Return Preparer Review.

 

“These regulations allow the IRS to better identify and match tax return preparers with the tax forms and claims they prepare.  This proposed PTIN system will help us ensure taxpayers receive competent, ethical service from qualified professionals and strengthen the integrity of our tax system,” said IRS Commissioner Doug Shulman.

 

Under the proposed regulations, the IRS will issue forms, instructions, or other guidance that will require paid tax return preparers to begin using PTINs for all tax returns and refund claims filed after Dec. 31, 2010.  Currently, tax return preparers must use either a PTIN or their social security number on tax returns or refund claims that they prepare.

By: Therese Sharp, CPA
Chairman, IRS Liaison Committee

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