Heres some good news for those who havent renewed their Preparer Tax Identification Number by the end of the year. The process to renew it will be the same beginning in January as it is now, and it takes only about 15 minutes to do online.
Sixty percent of all returns in this country are done by paid preparers, said David R. Williams, head of the new Internal Revenue Service Return Preparer Office. Our goal is to get a better handle on who is doing returns and how theyre doing it.
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