PTINs Expire at Midnight, New Years' Eve
Okay you procrastinators. Stop cleaning your desk, setting up your schedule for busy season, baking cookies, wrapping packages, packing for holiday travel, running to the mall for last minute purchases – stop everything! Go to your computer, do not pass GO!, sit down for fifteen minutes, and get yourself registered with a renewed Preparer Tax Identification Number before the clock strikes midnight on New Year's Eve. Your existing PTIN expires at midnight December 31, 2011.
Meanwhile, if you remember last week's news about the IRS making random in-person visits to tax preparers' offices, we have the scoop from a tax preparer to endured a random check. Take a look at what CincyTaxMan had to say about his experience with the IRS Revenue Agent.
Prior to this role, Caleb served as the editor of Going Concern since its founding in 2009. During his time as editor, Going Concern quickly became one of the most popular and talked about websites in the accounting profession. He has been named one of Accounting Today's Top 100 Most Influential People every year since 2011 and has been published on numerous websites, including Above the Law, Deadspin, Denver Business Journal, and the Huffington Post.
Caleb is an adjunct professor of journalism the Community College of Denver in Denver, Colorado, where he teaches Internet Media.
Prior to falling bass ackwards into the media business, Caleb spent over five years working in public accounting, with more than three of those years at KPMG. Caleb received a Master of Science in Accounting from Colorado State University and a Bachelor of Science in Business Administration from the University of Nebraska at Kearney.
Caleb spends a lot of time on a bicycle and reading, but never at the same time.