The IRS is reportedly fine-tuning its procedures for collecting and releasing preparers’ personal information gathered during Preparer Tax Identification Number registration.

Many preparers have spoken out against the releasing of their information under the Freedom of Information Act to companies that have set up PTIN-holder directories ostensibly to help the public find tax preparers. The American Institute of CPAs has pointed out that many of the privately owned online directories are not endorsed by the IRS and that many preparers were unaware before now that their PTIN information could be released except in a long-planned IRS database. The institute has also conveyed these privacy concerns to the IRS “in numerous discussions.”

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access