FIS Relius

This program was recorded during a live presentation on October 26, 2010.

Please Note: Due to the inability to track attendance at this recorded event, a Letter of Participation is not provided. However, you may be able to get credit on your own; you should contact your governing body for more information.

*******************************************************************************

PTIN and ME: New Rules; New Duties; New Questions

Everyone’s wondering how much the proposed PTIN rules will affect retirement plan practitioners. The answer is: A LOT, because the online preparer tax identification number is just the tip of a regulatory iceberg which could easily sink the unwary practitioner. In the midst of uncertain rules, designed for other tax preparers, retirement plan practitioners will do what they’ve always done: adjust, adapt, and move forward.

This special seminar, one hour of which will qualify for ethics credit for ASPPA and other professional organizations and for ERPA designees, will explore the new rules in detail and examine what they will mean to the average practitioner.

Scheduled topics include:

• PTIN purpose
• New PTIN rules and fees
• Practice before the IRS
• Form 2848 authorization
• Professionals who can represent taxpayers
• The new registered tax return preparer designation
• Testing and continuing education requirements
• Comparison with ERPA designation
• Phase-in of rules
• Circular 230 standards of conduct

Prerequisites: There are no prerequisites or other advanced preparation for this program.

Level: Overview.

Instructional Delivery Method
Group – Internet-Based

Speaker
S. Derrin Watson, J.D., APM
Recipient of ASPPA's 2006 Educator of the Year Award

Objectives: After attending this seminar, participants should be able to:

1. Explain the PTIN requirements
2. Differentiate between tax return preparers and others authorized to practice
3. List the requirements of a registered tax return preparer
4. Determine whether it makes more sense to register as a tax preparer, enroll as an ERPA, or avoid IRS designations
5. Explain how to take advantage of transition rules affecting PTINs
6. List the ethical responsibilities of those authorized to practice before the IRS

System Requirements:

• Windows 95, 98, NT 4.0 , 2000, XP
• Internet Explorer 4.01 or later, Netscape 4.08 or later
• 56K modem connection or better (128K recommended)
• Pentium 166+ MHz, 128MB RAM or more
• 800x600 or higher display resolution
• Soundcard, Speakers

Recorded Event Time Limitation:
This recorded event will be available for 20 days from your date of registration.

Program related requests, questions, or concerns may be e-mailed to: relius.education@sungard.com.