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IRS Notifies Tax Professionals with Expired PTIN Numbers

IRS Notifies Tax Professionals with Expired PTIN Numbers

IRS Notifies Tax Professionals with Expired PTIN Numbers

The Internal Revenue Services has notified tax preparation professionals who have Preparer Tax Identification Numbers (PTINs) that expired on December 31, 201X , that they must renew their PTINs.

The letters state, in part:

Tax returns continue to be filed with your PTIN listed in the paid preparer section, even though you haven’t renewed your PTIN since we contacted you. You must renew your PTIN immediately. 

You must have a current and valid PTIN if you are preparing federal tax returns for compensation. Failure to provide a current and valid PTIN on any tax return or claim for refund you are paid to prepare may result in penalties or other actions being imposed against you by the Internal Revenue Service. 

What you need to do: Renew your PTIN immediately. You may renew your PTIN online at www.irs.gov/ptin 

If you haven’t prepared any tax returns for compensation since December 31, 201X , and you believe someone else is using your expired PTIN, please complete Form 14157, Complaint: Tax Return Preparer, and mail to the address listed on the form. Visit www.irs.gov to obtain the form. 

What we will do: Continue to review tax returns for the use of expired PTINs. We may impose monetary penalties or take other actions against you if you don’t renew your PTIN and you continue to prepare returns for compensation. 

For more information about PTIN requirements and the renewal process, visit www.irs.gov/ptin 

Source:  Internal Revenue Service

 

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