IRS Reopening PTIN System

On June 1, 2017, the United States District Court for the District of Columbia upheld the Internal Revenue Service's authority to require the use of a Preparer Tax Identification Number (PTIN), but enjoined the IRS from charging a user fee for the issuance and renewal of PTINs.  As a result of this order, PTIN registration [...]

By | June 21st, 2017|IRS|0 Comments

IRS PTIN Requirements for Tax Preparers

ALL paid tax return preparers who prepare all or substantially all of a tax return for compensation are required to have a Preparer Tax Identification Number (PTIN) before preparing returns. This also applies to anyone who has a designation, like EA, CPA, or attorney, and those who are unenrolled preparers. The registration is an annual [...]

By | October 21st, 2016|IRS|0 Comments

Updates on IRS e-Services and Secure Access

Earlier this month, the IRS announced a new IRS e-Services initiative referred to as "Secure Access". We blogged about this initiative here. On the 14th, the IRS sent out the following update: In the next few weeks, the IRS plans to have discussions with key stakeholders affected by the e-services changes to discuss security protocols [...]

By | October 21st, 2016|IRS, News|0 Comments

IRS to Add Two Step Authentication to E-Services in Late October

In an ongoing effort to combat tax identity theft, the IRS is moving all e-Service accounts to two-factor authentication on or after October 24, 2016.  They have been strengthening their identity authentication process for other self-help tools.  They refer to this process as “Secure Access”, and the intent is to help protect tax professionals, [...]

By | October 5th, 2016|IRS, News|1 Comment

IRS to Email 434,000 Non-Credentialed Tax Return Preparers

The IRS is sending an email to approximately 434,000 non-credentialed tax return preparers this week.  The message promotes the Enrolled Agent (EA) and Annual Filing Season Program (AFSP) credentials. The text of the IRS email: Dear Tax Return Preparer, Set yourself APART!  Participate in the Annual Filing Season Program.  The voluntary program is for non-credentialed return [...]

By | September 27th, 2016|IRS, News|0 Comments

IRS CE Provider System Delay

Today, we received the following message from the IRS Return Preparer Office: Dear IRS Approved Provider, We previously sent you a message on September 1 advising that the old CE system would be shut down on September 14 and a new CE system was tentatively scheduled to go live on September 19.  Unfortunately the transition [...]

By | September 13th, 2016|IRS|0 Comments

Annual Federal Tax Refresher Course (AFTR)

Are you considering a career in tax preparation, or have you been preparing tax returns for many years and want to set yourself apart from the competition?  If so, the IRS' new Annual Filing Season Program (AFSP) credential is the perfect way to show potential clients that you take certification and education seriously.  The first [...]

By | August 16th, 2016|IRS|0 Comments

Annual Filing Season Program (AFSP)

The IRS’ Annual Filing Season Program (AFSP) is a voluntary program designed to recognize the efforts of non-credentialed return preparers who aspire to a higher level of professionalism. In general, nonexempt return preparers with a valid PTIN must complete 18 hours of continuing education, including a six-hour federal Annual Federal Tax Refresher (AFTR) course with a test. [...]

By | May 20th, 2016|IRS|0 Comments

Pre-Visit Checklist

You’ve scheduled the appointment with your client, but just before hanging up they ask, “what should I bring with me to the appointment”.  We’ve all had the client who shows up with a shoebox full of receipts, tax records covering multiple years, crumbled-up pieces of paper with tax notes and of course crumbs from this [...]

By | February 2nd, 2016|Uncategorized|0 Comments

Tax Identity Theft

According to the Department of Justice, Identity theft refers to all types of crime in which someone wrongfully obtains and uses another person's personal data in some way that involves fraud or deception, typically for economic gain. Unlike fingerprints, which are unique and cannot be given to someone else for their use, personal data ­ [...]

By | January 28th, 2016|News|1 Comment