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IRS: Renew PTINs before the Holidays

IRS: Renew PTINs before the Holidays

Current PTINs Expiring December 31, 2016

With Halloween just a few days away, we’re edging closer to Thanksgiving dinner, Christmas music in retail stores, and – for tax preparers – expiring Preparer Tax Identification Numbers (PTINs). Understandably, the Internal Revenue Service wants to avoid a year-end rush that could result in nearly three-quarters of a million tax preparers trying to log in to IRS.gov at the same time. That’s one reason they’re recommending that preparers renew their PTINs before the holidays.

To encourage preparers to go ahead and renew, the IRS pointed out that the online process takes only a few minutes on IRS.gov. Whether renewing or singing up for the first time, the application fee is $50. Once the online portion is completed and the fee paid, it will take roughly four to six weeks for the agency to process the request.

The Newswire issue also included information about the Annual Filing Season Program (AFSP) and earning an enrolled agent license.

Source: Internal Revenue Service

Ryan Norton

Whether designing superheroes, penciling caricatures, or just doodling, I always knew I was going to earn some sort of art degree while in college. That was my goal before I decided to trade Edgar Degas for Edgar Allan Poe during a Freshman English class. The BA in English soon morphed into a double-major in English and Philosophy, eventually becoming an MA in English. It only makes sense that I learned of a writing opportunity for a local marketing firm while teaching a first-year college English course. Before I knew it, I was writing and editing tax-related articles for Taxing Subjects, and this has been my home since 2014.