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News EssentialsThe Newsroom TopicsIRS Resources | Issue Number: IR-2022-190Inside This Issue2023 PTIN renewal period underway for tax professionals WASHINGTON — The Internal Revenue Service urges the nation's more than 750,000 active tax return preparers to start the upcoming 2023 filing season smoothly by renewing their Preparer Tax Identification Numbers (PTINs) now. All current PTINs will expire Dec. 31, 2022. Anyone who prepares or helps prepare a federal tax return for compensation must have a valid PTIN from the IRS before preparing returns, and they need to include the PTIN as the identifying number on any return filed with the IRS. The fee to renew or obtain a PTIN is $30.75 for 2023. The PTIN fee is non-refundable. Tax return preparers with a 2022 PTIN should use the online renewal process, which takes about 15 minutes to complete. A paper option, Form W-12, along with the instructions, is also available for PTIN applications and renewals. However, the paper form can take four to six weeks to process. Failure to have and use a valid PTIN may result in penalties. To renew a PTIN online:
Once completed, users will receive confirmation of their PTIN renewal. First-time PTIN applicants can also apply for a PTIN online. To apply for a PTIN online:
PTIN system enhancements The online PTIN system has a new look and feel for a more optimized preparer experience when renewing or registering for a PTIN. Improvements include:
Opportunity for non-credentialed tax preparers The Annual Filing Season Program is a voluntary IRS program intended to encourage non-credentialed tax return preparers to take continuing education courses to increase their knowledge and improve their filing season readiness. Those who choose to participate must renew their PTIN, complete up to 18 hours of continuing education from IRS-approved CE providers and consent to adhere to specific obligations in Circular 230 by Dec. 31, 2022. After completing the steps, the return preparer receives an Annual Filing Season Program Record of Completion from the IRS. Program participants are then included in a public directory of return preparers with credentials and select qualifications on the IRS website. The searchable IRS directory helps taxpayers find preparers in their area who have completed the program or hold professional credentials recognized by the IRS. Enrolled agent credential The enrolled agent credential is an elite certification issued by the IRS to tax professionals who demonstrate special competence in federal tax planning, individual and business tax return preparation and representation matters. Enrolled agents have unlimited representation rights, allowing them to represent any client before the IRS on any tax matter. As non-credentialed return preparers think about next steps in their professional career, the IRS encourages them to consider becoming an enrolled agent. All enrolled agents, regardless of whether they prepare returns, must renew their PTIN annually to maintain their active status. Thank you for subscribing to the IRS Newswire, an IRS e-mail service. If you know someone who might want to subscribe to this mailing list, please forward this message to them so they can subscribe. This message was distributed automatically from the mailing list IRS Newswire. Please Do Not Reply To This Message. |
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