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IRS Releases Several Clarifications Regarding Registered Tax Return Preparer Procedures

  
The IRS has clarified or implemented several issues related to tax preparers.  In some cases, this reflects decisions that may be different than previous IRS announcements.  

Please note the term provisional PTIN.  This refers to the PTIN currently in use.  It is only after an individual has satisfied the testing, fingerprinting and background check requirements that the PTIN will no longer be “provisional.”

•       The IRS recently released Notice 2011-80, which provides that PTINs must now be renewed on a calendar year basis. All PTIN holders must renew their numbers using the online PTIN application or paper Form W-12 and pay the required fee ($64.25 for 2012) after Oct. 15 and before Jan. 1 annually.

• In Notice 2011-96, the IRS announced that it did not expect to offer the registered tax return preparer competency examination before mid-2011 and, once the examination was offered, the IRS would no longer issue provisional PTINs.  The IRS currently does not expect to offer the competency examination before Fall 2011.  The IRS, therefore, will continue to issue provisional PTINs until at least April 18, 2012, to allow individuals sufficient time to prepare for the competency examination and to prevent disruption of the 2012 filing season.  

• The 15-hour continuing education requirement for Registered Tax Return Preparers (and those seeking to become RTRPs) will take effect starting in 2012. RTRPs and individuals required to pass the RTRP competency examination before Dec. 31, 2013, must complete the 15-hour requirement prior to renewing their PTINs for 2013 and subsequent years. 

• Attorneys, certified public accountants, enrolled agents, enrolled retirement plan agent and enrolled actuaries also are expected to be exempt from the fingerprinting requirement at this time.  However, these individuals also must answer all the suitability questions asked on the PTIN application, such as whether they have been convicted of a felony in the previous 10 years. 


Background & Additional Resources 

IRS Notice 2011-80
 IRS REG 116284-11
 IRS Release 2011-96


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https://connect.nsacct.org/blogs/john-ams/2011/09/22/irs-releases-several-clarifications-regarding-registered-tax-return-preparer-procedures