Tax Law and News How to renew your PTIN Read the Article Open Share Drawer Written by Bryan Cytron Modified Nov 21, 2022 2 min read If you prepare, or assist in preparing, federal tax returns for compensation—or are an enrolled agent—you’re required to have a valid preparer tax identification number (PTIN) before preparing returns. With 2023 PTIN applications and renewals currently underway, it’s time to either renew your PTIN or get your PTIN. There are a few key procedures to follow. Here are several steps to follow to ensure you have your PTIN, so that you can continue practicing. Renewing your PTIN First, let’s start with those who already have an online PTIN account and are ready to renew. Renewing your PTIN is an easy process. Here are some simple steps: Log into your account online here. Fill out the online renewal application, ensuring your personal information is correct and answering a few questions. Before doing so, however, review this checklist to make sure you have everything you need to complete the renewal application. Pay the $30.75 fee. This can be done with a debit, credit, or ATM card, or eCheck. Once the application and payment processes, you’ll get confirmation of your PTIN renewal. Never had a PTIN? Here’s how to get one If you’ve never had a PTIN, don’t worry because the process is routine. Simply take around 15 minutes to get your PTIN online here, while looking over this checklist to be prepared. Then pay the non-refundable $30.75 and you’re all set! Prefer to apply or renew offline? Here’s how If you’d like to apply or renew the old-fashioned way, by paper, that’s okay, too. Access and fill out Form W-12, IRS Paid Preparer Tax Identification Number (PTIN) Application. Once submitted, it will take around 4-6 weeks to process. To get specific instructions on how to fill out Form W-12, click here. Once completed, you’ll send the $30.75 to: IRS Tax Pro PTIN Processing CenterPO Box 380638San Antonio, TX 78268 Distinguished opportunity for non-credentialed return preparers If you don’t have professional credentials or certifications like a CPA or enrolled agent has, there’s still a great opportunity to set yourself apart and be recognized and respected as a tax return preparer. You can be a part of the Public Directory of return preparers and access limited representation rights for your clients by pursuing the Annual Filing Season Program. This program distinguishes you as someone who represents a higher level of professionalism—something that will go a long way with your clients by showcasing your value and experience. Meet the deadline to renew or obtain your PTIN With all of the information above, you’re ready to renew or obtain your PTIN for 2023. But don’t put it off! All PTINs will expire on Dec. 31, 2022, so make sure you renew or apply as soon as you can, so that you meet the deadline and can continue practicing. For more information, visit the IRS page here. Previous Post Don’t forget your clients’ sales tax yearly wrap-up Next Post Farmers/ranchers hit by drought may qualify for relief Written by Bryan Cytron Bryan Cytron is vice president of Cytron and Company. He helps businesses and firms tell their story, build their brand, and grow through top-notch PR, marketing, media relations and communications. This includes websites, blogs, newsletters, social media and more, with a niche in accounting and financial services. More from Bryan Cytron Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Notify me of follow-up comments by email. Notify me of new posts by email. Δ Browse Related Articles Tax Law and News IRS Reopening Preparer Tax Identification Number (PTIN)… Tax Law and News PTIN requirements for tax return preparers Tax Law and News PTIN Rules You May Not Have Known Tax Law and News IRS Lowers PTIN Fees for Tax Preparers Tax Law and News AICPA Expresses Concerns About Tax Return Preparer Legi… Tax Law and News Your IRS To-Do List to Get Ready for 2020 Tax Law and News October 2015 Tax and Compliance Deadlines Tax Law and News October 2020 tax and compliance deadlines Tax Law and News October 2017 Tax and Compliance Deadlines Tax Law and News October 2018 Tax and Compliance Deadlines