PTIN Class Action Lawsuit Affects All Tax Return Preparers

[Elrod]

Tax practitioners across the country have started receiving emails notifying them that if they do not opt out, they will be included in the class of plaintiffs in a lawsuit that is currently pending before the U.S. District Court for the District of Columbia. The class action lawsuit includes as plaintiffs everyone who paid the IRS money to obtain or renew a preparer tax identification number (PTIN) on or after Sept. 30, 2010, unless they choose to opt out of the class. Practitioners have until Dec. 7, 2016, to opt out. The plaintiffs in the case estimate that some 700,000 to 1,200,000 preparers are affected (Plaintiffs’ Amended Class Action Complaint ¶32 (8/7/15)).

http://www.journalofaccountancy.com/news/2016/oct/ptin-class-action-lawsuit-201615343.html

[Catherine]

I got an email about that and have not even had a chance to read it.  I'll add the article to my list of things to read, hopefully before any pertinent deadline!