Congress Criminal Records 2010 : Starting A Tax Preparation Market New Preparer Regulations > Nervous entrepreneurs looking to start a tax preparation business can now breathe a sigh of relief; the IRS has finally released the fee structure associated with the new mandated tax preparer registrationhe total fee for this will be $645 per individual for the first year of registration. $50 of this fee covers the IRS' costs for administering the new PTIN program, and $145 goes to a third-party vendor to operate the online system and provide customer supportoing forward from this first year's registration or re-registration process, preparers will be required to renew their PTINs annually and pay the $145 user fee each year for this renewal processll individuals who intend to preparer tax returns this season will have to either registerew preparers will have to get a PTIN (Preparer Tax Identification Number) and experienced preparers, who already have a PTIN, will be required to re-register their existing PTINhere are many aspects of this new requirement that eff ... [Read More > Congress Criminal Records 2010]
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