Continuing Education for Tax Preparers
Tax Preparers will have to complete 15 hours of continuing education starting in 2012. These 15 hours will be broken down into 10 hours of federal tax law topics, 3 hours of tax law updates, and 2 hours on ethics. Courses will be provided by numerous IRS approved organizations, and Federal Direct will provide these […]
IRS wants your input on Preparer Exams
The IRS has selected Prometric to administer the forthcoming tax preparer examinations, but they would like to hear from you, the actual preparers, regarding the structure, length, specific areas and topics that should be covered, reporting, etc. Prometric is the company that has been administering exams for Enrolled Agents and CPAs for years, but with […]
IRS unsure on preparer testing content
Be aware, the IRS stated today that it has not made any determination on what materials will be considered for the 2011 tax preparer testing requirements. Many tax training programs are currently being released trying to capitalize on preparers anxiety relating to this new requirement, you should be very wary of purchasing materials this year. […]