Friday, September 30, 2011

New IRS regulations for Tax Preparers

New IRS regulations require that all paid tax return preparers register with the IRS and obtain a PTIN identification number. Renewals for the 2012 are expected to start in October 2011. In addition, preparers will need to pass a competency test and background check, and take continuing education courses. These new regulations are designed to protect the consumer from using fraudulant tax preparation services, and minimize untrained and incompetent tax preparers.

All tax preparers at Ember Accounting have always registered with the IRS and are required to take continuing education to keep current with tax law.  We are excited for the protections the IRS is putting in place.  When you are ready to complete your personal or business taxes, you can have confidence in Ember Accounting.