Level 11
05-15-2024
01:22 PM
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Though we never got the refund from a few years ago, PTIN fees going down for next year:
The IRS has issued final regulations that reduce the fees for the application and renewal of preparer tax identification numbers (PTINs). The new fee structure includes an $11 user fee and an $8.75 third-party contractor fee, resulting in a total annual fee of $19.75. This reduction comes after a district court ruled that the previous fee of $30.75 was excessive. The IRS arrived at the $11 user fee by estimating the cost of providing PTINs for the next three fiscal years, while the third-party contractor fee may change in 2026. The IRS requires anyone who prepares or assists in the preparation of federal tax returns to obtain a PTIN. Now for real money INTU up to $ 655.05.. moving in on all time high. | |
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