IRS Tax Training Courses - Online and Printed Tax School
IRS Refunds RTRP Exam Fees
May 23, 2013
The IRS announced that fee amounts collected for scheduled registered tax return preparer (RTRP) test appointments that were canceled due to the court ordered injunction are being refunded. Also, any fees collected from return preparers who tested on or after January 18, 2013, the date the test was enjoined, are also being refunded.
E-mail notifications will [...]
Question of the Week
May 20, 2013
If a taxpayer missed the April 15 deadline, he or she may have to pay penalties and interest. However, the IRS will consider a reduction of these penalties for reasonable cause.
The IRS may charge penalties for late filing and for late payment. The law generally does not allow a waiver of interest charges. However [...]
The IRS Online PTIN Account Functionality Expands
May 14, 2013
The IRS has expanded the functionality for a tax preparer to update an online PTIN Account. From their Facebook page, The IRS Return Preparer Office notes the following changes:
- "Manage My Account" is fully functional allowing a tax preparer to self-correct almost any field at any time (including professional credentials.)
- A tax preparer can now [...]