WASHINGTON, April 14 -- Internal Revenue Service has issued a proposed rule called: Preparer Tax Identification Number (PTIN) User Fee Update; Hearing Cancellation.

The proposed rule was published in the Federal Register on April 14 by Kalle L. Wardlow, Federal Register Liaison, Publications and Regulations Section, Associate Chief Counsel, (Procedure & Administration).

Summary: This document cancels a public hearing on proposed rulemaking by cross-reference to the interim final regulations to amend the current regulations to reduce from $11 to $10 the amount of the user fee imposed on tax return preparers to apply for or renew a preparer tax identification number (PTIN) plus an amount payable directly to the third party contractor.

For ...