4,900 Alabama tax preparers must renew their PTINs for 2014

Published 11:25 am Thursday, December 26, 2013

FROM STAFF REPORTS

 BIRMINGHAM — The Internal Revenue Service Dec. 26 reminded professional tax return preparers to renew their Preparer Tax Identification Numbers if they plan to prepare returns in 2014. Current PTINs expire Dec. 31.

Out of about 9,900 Alabama tax preparers who have PTINs, more than 4,900 have not yet renewed.

Anyone who prepares or helps prepare all or substantially all of a federal tax return, claim for refund or other federal forms for compensation must have a valid PTIN. All enrolled agents also must have a PTIN. Tax professionals can obtain or renew their PTINs at www.irs.gov/ptin.

The annual PTIN requirement is part of the IRS’ ongoing effort to enhance tax administration and improve services to taxpayers.