What is the best estimate for when the new regulations will be implemented?
Sept. 1, 2010, is the current target date for an on-line registration system and Jan. 1, 2011, is the current target date for requiring all paid signing preparers to be registered and to use a Preparer Tax Identification Number (PTIN). Final determination of these dates is dependent on many factors and will be widely publicized as soon as available. Testing will not be implemented until after registration and mandatory PTIN usage are in place.