Desk Reference Guide for Tax Year 2023

This guide provides essential information for tax return preparers for the tax year 2023. It outlines important preseason steps to ensure a smooth tax season, including completing continuing professional education, registering for or renewing a Preparer Tax Identification Number (PTIN), and ordering tax preparation software. The guide emphasizes the importance of verifying office equipment and testing tax software before the season begins. It also details the necessity of educating staff about their duties and updating filing systems. Furthermore, the document addresses due diligence requirements for tax return preparers, particularly those filing returns with refundable credits. It specifies the knowledge required, the completion and submission of Form 8867, and record-keeping obligations to comply with IRS regulations. The guide concludes by mentioning resources available through Drake Software to assist tax preparers in their tasks, including online tutorials and customer support.