Warning: Use of undefined constant wp_cumulus_widget - assumed 'wp_cumulus_widget' (this will throw an Error in a future version of PHP) in /home/www/cpa-la.com/wp-content/plugins/wp-cumulus/wp-cumulus.php on line 375
IRS Provides PTIN Guidance for Preparers Without a Social Security Number - Emil Estafanous, CPA : Emil Estafanous, CPA

IRS Provides PTIN Guidance for Preparers Without a Social Security Number

In Rev. Proc. 2010-41, expelled on Oct 26, a IRS has supposing a routine for people but a Social Security series to obtain a preparer taxation marker series (PTIN). Paid taxation lapse preparers are compulsory to register with a IRS and obtain a PTIN, and partial of a PTIN registration routine requires an particular to contention a current Social Security number. However, unfamiliar persons (who, for example, might ready taxation earnings for U.S. taxpayers who live abroad) might be incompetent to obtain a Social Security number. There are also U.S. adults who do not have a Social Security series due to a responsible eremite objection.

The income procession sets onward a two-part routine by that such lapse preparers can obtain a PTIN: First, they contingency finish possibly a IRS’ online PTIN focus or a paper Form W-12, IRS Paid Preparer Tax Identification Number (PTIN) Application. Second, they contingency contention a finished Form 8946, PTIN Supplemental Application for Foreign Persons Without a Social Security Number, or Form 8945, PTIN Supplemental Application for U.S. Citizens Without a Social Security Number Due to Conscientious Religious Objection, and contention a additional support summarized in a forms’ instructions.

Because complying with this two-step process, generally a additional support requirements, might take time, a IRS is permitting preparers who are unfamiliar persons or U.S. adults but a Social Security series due to responsible eremite conflict additional time to comply. The IRS will cruise such lapse preparers to have complied with a PTIN mandate if they finish a online focus or contention a finished paper Form W-12 by a after of Jan 31, 2011, or 10 days after a initial day on that they ready all or almost all of a U.S. taxation lapse for compensation, and they contention a finished Form 8945 or Form 8946, including any compulsory additional documentation, within 60 days after a execution of a online focus or acquiescence of a paper Form W-12.

Under this transition rule, such preparers will be deliberate to be in correspondence with a PTIN manners and might ready and pointer U.S. taxation earnings and claims for reinstate but providing a PTIN for earnings prepared on or before Oct 31, 2011.

About Emil Estafanous, CPA
Certified Public Accountant (CPA) Tax Professional committed in representing taxpayers and resolving their tax problems.

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

Our clients are located throughout Southern California in cities such as Los Angeles, CPA: Whittier, Santa Fe Springs Accounting, Artesia, Cerritos CPA, Bellflower: Tax Preparation, Payroll: Downey, La Palma, Accountant: La Mirada, IRS Representation: Lakewood , Gardena, La Habra, Brea, Rancho Dominguez, Hacienda Heights, Torrance, Diamond Bar, South Bay, Pomona, Carson, Buena Park, La Puente, Orange, Anaheim, Fullerton, Seal Beach, Costa Mesa, Irvine, Garden Grove, Huntington Beach, Santa Ana, Hawthorne, Santa Monica, Montebello, Pico Rivera, Newport Beach, Hollywood, and many more.