Your Tax Preparer Now Works for the IRS

The IRS deployed a new preparer tax identification number (PTIN) registration system Tuesday as a component of its initiative to register and regulate paid tax return preparers.

All paid tax return preparers (including CPAs, attorneys and enrolled agents) must apply for and obtain a PTIN—even if they already have one—before preparing any federal tax returns in 2011.

The regime features a new online PTIN application process at the Tax Professionals page of  As an alternative, preparers may submit a paper application by using Form W-12, IRS Paid Preparer Tax Identification Number Application.  The IRS estimates it will take four to six weeks to respond back to preparers regarding paper applications

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LedgerLink (2 Feb 10)