WASHINGTON — The Internal Revenue Service is accepting applicants for nomination to the Electr

The Financial Crimes Enforcement Network (FinCEN), part of the U.S.

Taxpayers and tax professionals are urged to be alert to fake communications posing as legitimate organizations in the tax and financial community, including the IRS and states.

The PTIN for all paid tax return preparers will expire on December 31, 2023, and will need to renewed with the online renewal process. It takes about 15 minutes to renew online.

Tax practitioners are subject to the standards of practice and disciplinary rules of Circular 230, Regulations Governing Practice before the Internal Revenue Service, which was issued under 31 CFR

The IRS is setting the stage for taxpayers and tax professionals to gain seamless self-service options to access information and resolve issues.

Note: NSTP will be providing a workshop on developing a WISP during the Grand Event in Las Vegas, January 3 – 5, 2024.

Between November 27, 2023, and January 19, 2024, tax pros may be randomly selected to participate in a voluntary phone survey. This is not a scam. Please do not hang up.

The IRS has once again postponed the implementation date for the expanded reporting requirements on Form 1099-K, as announced in