IRS Sets New Fees, Procedures for Tax Preparers Under OPR Supervision

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IRS announces a new return preparer application system and user fee, adding a $14.25 charge by third-party vendor Accenture to IRS's proposed $50 fee for preparers to obtain a preparer tax identification number and register with the service. Under the proposed regulations (REG-138637-07), preparers would need to obtain, or reapply for, a unique preparer tax identification number and pay the user fee using a comprehensive new registration system, which is expected to be up and running in mid-September, IRS says in a news release (IR-2010-91). The new system is part of a series of steps planned to increase oversight of federal tax return preparation announced by IRS Commissioner Shulman in January.