IRS Final Regulations (T.D. 9781) on PTIN User Fees

The IRS has issued final regulations (T.D. 9781) regarding,

the imposition of certain user fees on tax return preparers. The final regulations supersede and adopt the text of temporary regulations that reduced the user fee to apply for or renew a preparer tax identification number (PTIN) from $50 to $33. The final regulations affect individuals who apply for or renew a PTIN. The Independent Offices Appropriations Act of 1952 authorizes the charging of user fees.

Effective September 9, 2016, the final regulations adopt without change the proposed (REG-121496-15) issued in October 2015. The concurrently issued temporary (T.D. 9742) are removed.

To view the final regulation document: T.D. 9781

Posted by Allison Trupp, Associate Editor, Wealth Strategies Journal