PTIN renewals are due by December 31st. You do not need to be a CPA to file tax returns. I get asked quite frequently how I can file returns without a CPA designation. I don’t think people understand the difference between public and private equity. CPAs sign off on public companies’ financial disclosures.
The requirements to file a tax return are: 1. be 18 or older; 2. Don’t be a felon; 3. Get a PTIN. That is the entire list of requirements to file a tax return.
If your preparer does not have a PTIN and won’t put their information on the return as the preparer that’s concerning.
Running an S-corp with no owner’s W2 compensation can be risky. Training for and frequency of these audits has also increased over the last few years.