Albany, NY – According to Jamie Woodward the acting Commissioner of New York State Department of Taxation and Finance for this coming 2011 new Online Tax Registration Program are readily available.

This law was proposed last 2009 and signed by Governor Paterson for further implementation. The main purpose of Online Tax Registration Program – all tax preparers and facilitators of refund loan are required to register to the Tax Department. There are incidences of unregistered and unregulated individuals who prepare tax returns on behalf of New York taxpayers – this law was designed to apply for this kind of cases.

The person who offer tax preparation service and filing one or more tax returns are required to register and any tax preparation business, employees or partners who prepare returns are also required. There are exemptions on this new regulations attorneys, CPA, IRS enrolled agents, clerical employees, tax preparation volunteer, and in-house employees who prepare business tax returns are not obligated to register the only reason they need to register, when they offer refund anticipation loans or refund anticipation checks to taxpayers.

In 2009, this regulation was only applied to those preparer who prepare their own income tax returns.
For 2010 and incoming tax season, the regulation was applied to preparer who prepare different state tax return.

You can read all the information to New York State tax preparer registration web page where it explains the requirements for annual registration and conditions like $100 payment due.

By this year the IRS will release similar program nationwide.