Paid Tax Return Preparers; Required Information on Personal Income Tax Returns

(a) For taxable years beginning on or after January 1, 2020, any personal income tax return prepared by a paid tax return preparer shall be signed by the paid tax return preparer and shall bear the paid tax return preparer's Internal Revenue Service preparer tax identification number.

(b) (1) The department may impose an administrative penalty of fifty dollars ($50) on a paid tax return preparer each time the paid tax return preparer fails to sign the return or fails to provide the preparer's tax identification number.

(2) The maximum amount imposed on any individual paid tax return preparer under paragraph (1) shall not exceed twenty-five thousand dollars ($25,000) per paid tax return preparer in a calendar year.

(c) As used in this section: "Paid tax return preparer" shall mean a person who prepares for compensation, or employs one or more persons to prepare for compensation, a personal income tax return required to be filed under this act. Preparation of a substantial portion of a personal income tax return shall be treated as if it were the preparation of the personal income tax return.

(336.3 added June 28, 2019, P.L.50, No.13) Compiler's Note: Section 29 of Act 13 of 2019 provided that the amendment or addition of sections 331(g) and 336.3 of this act shall apply to tax years beginning after December 31, 2019.