Will someone please let me know when I may send in for the renewal of my PTIN? I am anxious to send in my money as quickly as possible. 
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JG -
It looks like next month.
It looks like next month. See the following:
Evan Appelman, EA -
Me Too
I am with JG, I want to be at the forefront of remitting and registering for PTIN, etc. but I am so darned busy with 9/15 biz filings, and can't hardly wait to finish off my delinquent extensions for 1040 forms
so if anyone has any info and can "toggle" us to do what we need to do as soon as implemented I would truly appreciate it.
Glad everyone is here
SComment
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Simplified explanation
In a nutshell it looks as if you soon have to renew/obtain PTIN (and pay the $65 annual fee), plan to take at least two full days of courses each year to meet IRS guidelines, and get your ERO #/efiling mojo in gear without further delay.Originally posted by S T View PostI am with JG, I want to be at the forefront of remitting and registering for PTIN, etc. but I am so darned busy with 9/15 biz filings, and can't hardly wait to finish off my delinquent extensions for 1040 forms
so if anyone has any info and can "toggle" us to do what we need to do as soon as implemented I would truly appreciate it.
Glad everyone is here
S
FEComment
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Confusion
It was my understanding for PTIN - there was no testing - only application and fee and then there would be an additional competency testing ifOriginally posted by FEDUKE404 View PostCan someone clarify?In addition to mandatory PTIN use, the IRS has also proposed competency testing for unenrolled preparers. CPAs, attorneys, enrolled agents and certain other credentialed practitioners who are active and in good standing with their respective licensing bodies would be exempt from proposed competency testing. The IRS intends to offer two competency tests to unenrolled preparers starting in 2011.
SandyComment
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I have had a PTIN# for years and NOW I have to pay for it?????Originally posted by FEDUKE404 View PostSueBabyComment
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Yep. And that's a yearly fee. And I already pay to renew my EA for three years. Supposedly, the IRS will try to work out an offset for what I pay for my EA. Why not just exempt EAs from the 50.00. We're already registered with the IRS. They already know who I am.Originally posted by SueBaby View PostYou have the right to remain silent. Anything you say will be misquoted, then used against you.Comment
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Application for PTIN beginning sometime in Sept 10
Access to an online sign-up system will be available through
www.IRS.gov/taxpros in mid-september. The application applies to those who currently have a PTIN and for those making initial application and at this time the payment of $64.25 will be required. In addition, this payment will be required with each ANNUAL renewal. NATP TAXRO weekly provided the Update on Preparer Registration and Testing and stated that "NATP participated in a conference call yester day (8th of
Sept with David Williams, IRS director of electronic tax administration and refundable credits. Williiams is also reponsible for the registerd return preparer program. It appears the IRS is still trying to work out the details of the PTIN requirementss, exactly who is required to obtain a PTIN, and who is subject to the testing requirements. The IRS
asked NATP for clarification regarding who the PTIN requirements should apply to and how and who should be subject to the education and testing requirements" It looks as tho all of this may be delayed further??.Last edited by Edward; 09-10-2010, 11:17 AM. Reason: To include the NATP comments just received after the initialComment
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Ptin
If you prepare individual tax returns, you know what you have to do (and if you don't, go to the IRS site noted above to learn). The when is still a bit vague, but probably beginning this month and definitely before 1 January 2011. Now, if you prepare only payroll returns, for instance, your requirements are being clarified. I'm in no rush to be a beta tester of their online registration and in no hurry to pay the IRS sooner than I have to.Comment
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I'm with you, Lion.
They'll get my $ at the 11th hour.
Being the lead dog in the pack means the scenery is sometimes nicer, but you're the first one to run into the bears..."The only function of economic forecasting is to make astrology look respectful" - John Kenneth GalbraithComment
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Originally posted by Lion View Post
My guess is those who said they are in a hurry to get their PTIN and send money to the IRS were being sarcastic, and not really all that eager to do so.Comment
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You have to be current with everything...
Just a side note….you have to be current on filing all tax returns. Thus, since I am always on extension until October 15th, I can’t renew my PTIN until after October 15th.Comment
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Good Point
I too am on extension and not renewing my PTIN until later this fall.
However, if you will have to test (I don't have to as an EA), you will want to get your PTIN before testing is available to buy yourself some time before you have to test. Once testing is available, you cannot get a PTIN without passing the test if required.Comment
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Sarcastic about the money, but I want to make sure I keep my PTIN - so not sarcastic about the quick part.Originally posted by Bees Knees View Post
It is my understanding that you are current. You would be "not current" only if you didn't file by the deadline.Just a side note….you have to be current on filing all tax returns. Thus, since I am always on extension until October 15th, I can’t renew my PTIN until after October 15th.JGComment
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What test are you all talking about? Haven't heard of any yet. What is it about and where to take it; do they send you something in the mail and a form to send money for the PTIN# too?Originally posted by Lion View Post
Sorry but I am really confused about all of this and don't want to wait the very last minute to do anything because the first of the year till April I am way to busy to think of stuff like this.
Any info on this matter would be very appriciative so I can start early on what I have to do.
THANKSSueBabyComment
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