In late October, the IRS announced that it was time for all tax preparers to renew their Preparer Tax Identification Numbers. Here’s a quick guide to the PTIN from the experts at IRS Solutions – what it is, why you need one, and everything you need to know about PTIN renewal – along with information about some other critical IRS identification numbers.
What is a PTIN?
The PTIN is an identification number that the IRS issues to professional tax preparers such as Certified Public Accountants (CPA), Enrolled Agents (EA), and anyone who prepares taxes for a fee.