IRS Issues Alternate ID Numbers For Tax Practitioners | AccountingWEB

IRS Issues Alternate ID Numbers For Tax Practitioners

A new Internal Revenue Service form will allow paid tax preparers to request an alternative identification number for use on the returns and refund claims they prepare after 1999. This change comes in response to concerns that a preparer's social security number (SSN) could be used inappropriately by clients and others having access to a prepared return.

The IRS Restructuring and Reform Act of 1998 authorized the use of alternate SSNs to identify tax return preparers.

Preparers may download Form W-7P, "Application for Preparer Tax Identification Number," (requires Adobe Acrobat Reader - download it here for free) or may call the IRS's toll-free tax forms line at 800/829-3676.

Wait, there's more!
There's always more at AccountingWEB. We're an active community of financial professionals and journalists who strive to bring you valuable content every day. If you'd like, let us know your interests and we'll send you a few articles every week either in taxation, practice excellence, or just our most popular stories from that week. It's free to sign up and to be a part of our community.
Premium content is currently locked

Editor's Choice

WHAT KIND OF FIRM ARE YOU?
As part of our continued effort to provide valuable resources and insight to our subscribers, we're conducting this brief survey to learn more about your personal experiences in the accounting profession. We will be giving away five $50 Amazon gift cards, and a $250 Amazon gift card to one lucky participant.
This is strictly for internal use and data will not be sold
or shared with any third parties.