Banks Tax Pros
Description
The course also explains how to secure a Preparer Tax Identification Number (PTIN), necessary for anyone who prepares or assists in preparing federal tax returns for compensation, by registering through the IRS PTIN system. Additionally, it details the steps to obtain an Electronic Filing Identification Number (EFIN), which allows tax professionals to become authorized IRS e-file providers by submitting an application through the IRS e-Services portal, passing a suitability check, and meeting other IRS requirements.