The IRS released final regulations (88 FR 72366) that increase the user fees for enrolled actuaries from $250 to $680, effective on Oct. 20. The new application fee applies to existing enrolled actuaries renewing their enrollment and new actuaries enrolling for the first time. Enrolled actuaries must renew every three years.
The IRS charges a user fee to account for its costs of providing enrolled actuary enrollment and renewal of enrollment services and said that the Return Preparer Office determined that the methodology previously used to compute labor allocations was outdated and did not capture the full costs associated with administering enrolled actuary enrollment and renewal of enrollment.
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