Starting January 1, 2011, all paid preparers were supposed to obtain new preparer tax identification numbers (PTINs) from the IRS to use on the returns they prepared. Now, the IRS says that about 100,000 used old PTINs or their Social Security numbers and did not follow the new PTIN rules. Some unscrupulous preparers evaded the new rules simply by not signing the returns they prepared.
The IRS announced that it will send letters to taxpayers they know who did not obtain new PTINs. Later this year, the IRS will try to track down “ghost preparers” (those who did not sign returns) by contacting taxpayers with returns that appear to have had professional assistance. The IRS will tell these taxpayers of the need to use only compliant preparers (those registered with the IRS).
Source: IR-2011-74, 7/12/11
Items directly reducing income. Personal deductions such as for mortgage interest, state and local taxes, and charitable contributions are allowed only if deductions are itemized on Schedule A, but deductions such as for alimony, capital losses, moving expenses to a new job location, business losses, student loan interest, and IRA and Keogh deductions are deducted from gross income even if itemized deductions are not claimed.