OldJack Posted October 13, 2010 Report Share Posted October 13, 2010 So what is the penalty if you prepare and sign a 2010 tax return without a PTIN? Quote Link to comment Share on other sites More sharing options...
Catherine Posted October 13, 2010 Report Share Posted October 13, 2010 So what is the penalty if you prepare and sign a 2010 tax return without a PTIN? Public flogging, followed by hanging. No, wait, that's a penalty for treason. So, not that harsh. Quote Link to comment Share on other sites More sharing options...
TAXBILLY Posted October 13, 2010 Report Share Posted October 13, 2010 I would expect the IRS to consider it a serious matter in violation of Circular 230. taxbilly Quote Link to comment Share on other sites More sharing options...
Gail in Virginia Posted October 13, 2010 Report Share Posted October 13, 2010 I would expect a financial penalty. I think the government is trying to eliminate the deficit by raising penalties instead of taxes. Quote Link to comment Share on other sites More sharing options...
MAMalody Posted October 13, 2010 Report Share Posted October 13, 2010 Actually, I don't think you will be able to e-file because you will not have a PTIN. Quote Link to comment Share on other sites More sharing options...
mcb39 Posted October 13, 2010 Author Report Share Posted October 13, 2010 Actually, I don't think you will be able to e-file because you will not have a PTIN. Those were my thoughts. I doubt whether you will be able to e-file without a valid PTIN. And, also, the guidelines for mandatory e-filing have changed for the coming year. They will figure out something. They still have time. (??????) Quote Link to comment Share on other sites More sharing options...
OldJack Posted October 15, 2010 Report Share Posted October 15, 2010 Well... I gave the vultures my hard earned $$$ and all I got was a number that I really did not want. Where is the T-party when you need them? :angry: Quote Link to comment Share on other sites More sharing options...
mcb39 Posted October 15, 2010 Author Report Share Posted October 15, 2010 Well... I gave the vultures my hard earned $$$ and all I got was a number that I really did not want. Where is the T-party when you need them? Well, Jack, sometimes we just have to roll with the flow; like it or not. I had to give hard earned $$$ for a number that I have already had for many years and will have to continue to pay for it each year that I wish to continue preparing tax returns. On top of that, my number is only "provisionary" until I pass the test. And I have been preparing tax returns for over 35 years, as I am sure have many on this board. From what I understand reading FAQ, there will also be a fee charged for being tested. Alas!!!!!!! Quote Link to comment Share on other sites More sharing options...
OldJack Posted October 15, 2010 Report Share Posted October 15, 2010 Well... in my opinion the IRS and our government is out of control with nothing but harrassment of our profession and business owners. If the government had its way they would probably be a pee tax! I say throw them all out of a job!!! Quote Link to comment Share on other sites More sharing options...
ljwalters Posted October 15, 2010 Report Share Posted October 15, 2010 I got mine a week or so ago on the website and was given my old number P00021616. Linda and buddy Quote Link to comment Share on other sites More sharing options...
Catherine Posted October 15, 2010 Report Share Posted October 15, 2010 Well... in my opinion the IRS and our government is out of control with nothing but harrassment of our profession and business owners. If the government had its way they would probably be a pee tax! I say throw them all out of a job!!! Yep. So make sure you go vote on 11/2. Anyone with the notation "incumbent" after their name is a good candidate for firing. I've heard that some places are getting pressure from incumbents to leave that OFF the ballot, to protect them and their jobs at _our_ expense. Once we get rid of the worst of the oath-breakers, we can start working on getting in more people with integrity and principles, who will respect the Constitution and work to restore it. Eventually we can get to the point of repealing amendment #16 (and #17, and big chunks of #14, as well). Anyone notice that the media has been utterly silent on the 38 black Republican candidates running nationwide? Doesn't fit their world view, I guess. Frederick Douglass center link Quote Link to comment Share on other sites More sharing options...
Catherine Posted October 15, 2010 Report Share Posted October 15, 2010 No word yet on my paper-filed PTIN request. They've cashed my check (could tell that courtesy of the bank). I'm a bit busy today to look into it, though. Quote Link to comment Share on other sites More sharing options...
OldJack Posted October 15, 2010 Report Share Posted October 15, 2010 Yep. So make sure you go vote on 11/2. And... where were our professional organizations that are supposed to be looking out for our interest? Its about time we quit paying dues! Did anyone hear them object? Am I the only one that is tired of working for the IRS without pay? Quote Link to comment Share on other sites More sharing options...
Catherine Posted October 15, 2010 Report Share Posted October 15, 2010 And... where were our professional organizations that are supposed to be looking out for our interest? Its about time we quit paying dues! Did anyone hear them object? Am I the only one that is tired of working for the IRS without pay? Another battle to fight. Let's stop the hemorrhaging first, and get to the lacerations later. Sorry for the mixed metaphors. Getting a bit punchy here today; just told someone the wrong exit to take off the highway and then had to talk him back through the non-intuitive recovery from the bad directions. And I've "only" been here 7+ years. Sigh. Quote Link to comment Share on other sites More sharing options...
OldJack Posted October 16, 2010 Report Share Posted October 16, 2010 Big democrat brother is definitely watching, quote from the IRS PTIN letter: >>You indicated on your application that you're currently in compliance with your federal tax obligations. To ensure that you maintain compliance in the future, the IRS will conduct periodic tax compliance checks. The IRS may also conduct a background check, and you may need to provide fingerprints. Having a felony conviction on your record could affect your status as a tax practitioner as well as your ability to prepare tax returns. For more information, see Treasury Department Circular 230 § 10.51. << Tax Preparers are no longer just helpers for the IRS. Quote Link to comment Share on other sites More sharing options...
mcb39 Posted October 16, 2010 Author Report Share Posted October 16, 2010 Big democrat brother is definitely watching, quote from the IRS PTIN letter: >>You indicated on your application that you're currently in compliance with your federal tax obligations. To ensure that you maintain compliance in the future, the IRS will conduct periodic tax compliance checks. The IRS may also conduct a background check, and you may need to provide fingerprints. Having a felony conviction on your record could affect your status as a tax practitioner as well as your ability to prepare tax returns. For more information, see Treasury Department Circular 230 § 10.51. << Tax Preparers are no longer just helpers for the IRS. Had to provide fingerprints in order to get my EFIN......also, many years ago. Since they already know so much about me, why do I have to take a test? GRRRRRRRRRRR!!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
OldJack Posted October 17, 2010 Report Share Posted October 17, 2010 Had to provide fingerprints in order to get my EFIN... If they ever think of it they will probably want us to sign tax returns with a bloody fingerprint! We can't really complain about it though as by our silence we all let them get away with telling us what to do. Quote Link to comment Share on other sites More sharing options...
Margaret CPA in OH Posted October 17, 2010 Report Share Posted October 17, 2010 Sigh... an alternative is to choose another profession, I suppose. But I don't know of anything that doesn't entail some sort of restrictions, rules, guidelines, something whether growing food for consumers, manufacturing products, etc. I guess as long as we share the world with more than one other person, there will be restrictions of some kind or other. Quote Link to comment Share on other sites More sharing options...
OldJack Posted October 18, 2010 Report Share Posted October 18, 2010 But I don't know of anything that doesn't entail some sort of restrictions, rules, guidelines, True...but before Obama, CPA's were licensed/controlled by the state and "represented our clients" before the IRS. Face it, like it or not, we are now licensed/controlled by the IRS and now "represent the IRS". Your new title will soon be "Tax Collector" (not me as I will retire). This is our fault for voting the way we have and allowing our professional organizations to ignore are business interest. Its called shooting yourself in the foot! Quote Link to comment Share on other sites More sharing options...
Julie Posted October 23, 2010 Report Share Posted October 23, 2010 Don't need to brag about being the "early" crowd. Too much experience tells me there will be at least 2 maybe 3 major changes in the next 3 weeks. I got a banana split from Dairy Queen on this! Any takers?? My day to register may be December 28. But we will see..... I prefer to do it only once, and be sure that all the information flows properly. I'm thinking I'm going to wait, too. At least let them get some of the bugs worked out. I got my original PTIN the first year they were available....hoping I can keep it, too. Quote Link to comment Share on other sites More sharing options...
Gail Posted October 23, 2010 Report Share Posted October 23, 2010 I registered online on 9/28 and had no problem and was assigned my original number. I have since received a postcard in the mail verifying registration. Quote Link to comment Share on other sites More sharing options...
mcb39 Posted October 23, 2010 Author Report Share Posted October 23, 2010 I registered online on 9/28 and had no problem and was assigned my original number. I have since received a postcard in the mail verifying registration. I have also received the postcard. Am glad that I have one less thing to deal with. Quote Link to comment Share on other sites More sharing options...
Lion EA Posted October 27, 2010 Report Share Posted October 27, 2010 News: Federal Tax Day - Current, I.3, IRS to Waive Preparer Education Requirements for 2011, Shulman Announces (IR-2010-107, IRS Memo), (Oct. 27, 2010) For 2011, the IRS will waive the requirements for 15 hours of continuing education under the Service’s return-preparer initiative, IRS Commissioner Douglas H. Shulman announced at the Fall Tax Meeting of the American Institute of Certified Public Accountants (AICPA). The waiver is part of a staged transition for the requirement and will give the IRS time to address many issues, including working with third parties who already certify education courses, Shulman said. The preparer initiative is… Quote Link to comment Share on other sites More sharing options...
Catherine Posted October 27, 2010 Report Share Posted October 27, 2010 Did anyone besides me send in paper form with check? If so, have you heard anything back? Quote Link to comment Share on other sites More sharing options...
Joel Posted October 27, 2010 Report Share Posted October 27, 2010 I sent my paper form in with check about two days after the web site was opened. Got my old PTIN approved about two weeks later. Quote Link to comment Share on other sites More sharing options...
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