It’s that time again: time for federal tax return preparers to renew their Preparer Tax Identification Numbers (PTINs) for the coming year. It’s no time to procrastinate, since 2021 PTINs will expire on Dec. 31.…
While growing up in Jacksonville, North Carolina, Gary Boykin was first introduced to tax preparation at the age of four: “I remember running around the dining room where my dad was working on a…
Read more about Gary Boykin, EA: Tax Prep is a Family Tradition
New Rules Allow DeductionsRegulations issued under T.D. 9696 finalize rules the IRS put into effect in 2012 allowing employees to deduct certain expenses paid or incurred for local lodging as business…
Read more about IRS Allows Deduction for Local Lodging Expenses
IRS Sends EA Termination Letters The Internal Revenue Service has sent letters to Enrolled Agents who have not renewed their status for one or two renewal cycles. The letters set out the requirements…
Among the notable birthdays that occurred over this tax season is the IRS Form 1040, introduced in 1913 following the ratification of the 16th Amendment. That amendment gave the government the power to...…
Richmond’s Taxpayer Protection and Preparer Fraud Prevention Act of 2013 would give the Internal Revenue Service more oversight to certify paid tax preparers and ensure they are “competent, of good character and able to render services.” The legislation also would allow the IRS to...…
According to the IRS, last year's seven month moratorium on enrolled agent application processing is unfortunately still affecting their ability to timely process the renewal applications for SSNs…
Read more about Delay for some enrolled agents awaiting renewal cards
