The IRS is reminding professional tax preparers to renew their PTIN (preparer tax identification number) between Oct. 16 and Dec. 31. Anyone who prepares or assists in preparing federal tax returns for compensation must have a valid 2017 PTIN before preparing returns.
To renew your PTIN, click here, then scroll down to the box “PTIN System” and fill in your user ID and password in the upper left corner of the window that opens. The process should only take about 15 minutes, according to the IRS. If you don’t have a current PTIN and will be compensated for preparing federal tax returns, you can apply for a number on the same page. There is no charge.