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July 30, 2010

IRS Establishes Fee for Tax Preparers

The IRS in July released proposed regulations that would establish a fee for individuals who apply for a preparer tax identification number, or PTIN. Proposed regulations that were issued in March would require certain tax return preparers to obtain a PTIN. The IRS said it is working to finalize those new rules, which will be the first of a series of steps...

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