PTIN Renewal Season Open
 

PTIN Renewal Season Open

The IRS announced that professional tax preparers can now register for or renew their PTINs on IRS.gov.

Anyone who gets paid to prepare or assists in the preparation of a tax return is required to have a PTIN, including enrolled agents, CPAs and others.

The system is now open for applications and renewals here. First-time PTINs cost $64.25; renewals are $63.

Preparers who prefer to file on paper can use Form W-12, but the IRS warns that it will take from four to six weeks to process. (Accounting Today)