Class Action Lawsuit Against the IRS for PTIN Fees

The IRS’ authority is once again being questioned. This time it’s over the Preparer Tax Identification Number (PTIN) fees that you are required to pay annually in order to prepare returns for compensation. This class action lawsuit is being filed by a pair of CPAs: Adam Steele of Bemidji of Minnesota and Brittany Montrois of […]

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A Sneak Peak At What’s Covered in the IRS Annual Federal Tax Refresher Course

  If you are an unenrolled tax preparer, you are most likely weighing your options on whether or not to take the Annual Federal Tax Refresher Course (AFTR). You’re probably also wondering what you’ll learn and be tested on. The AFTR is a six-hour course that ends in a 100 question exam to test you […]

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Tax Pros: Are You Ready To Go Back to School?

The kids are going back to school today, which means you should too! As a tax preparer there are certain Continuing Education requirements you must meet and a new certification program from the IRS you should consider if you are an unenrolled preparer. Plus, learning to prepare more complicated tax returns will make you more […]

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Is the IRS Annual Filing Season Program Lawful?

On July 15th, the AICPA (American Institute of CPAs) filed a federal lawsuit against the IRS in-order to halt the IRS’s recently introduced Annual Filing Season Program.  The complaint has three counts and aims to declare the rule implementing the program unlawful and stop its operation.   Their main complaints are a follows: 1. The […]

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Why You Should Get Your Annual Filing Season Certificate

Right on the heals of the AICPA’s (The American Institute of CPAs) letter to the IRS about the “unlawfulness” of a proposed voluntary tax preparer certificate program, the IRS has announced that they will be implementing an “Annual Filing Season Certificate (AFSC)”. “This voluntary program will be a step to help protect taxpayers during the […]

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BREAKING: IRS Announces Voluntary Certification Program

IRS News Release: New IRS Filing Season Program Unveiled for Tax Return Preparers Voluntary program to focus on continuing education for unenrolled preparers IR-2014-75, June 26, 2014 WASHINGTON – The Internal Revenue Service announced today that guidance will soon be issued outlining a new voluntary program designed to encourage education and filing season readiness for […]

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Will Tax Preparers Be Regulated in the Future?

The RTRP debate is not a new topic within the tax industry.  It started on January 1, 2011 with the IRS’s enactment of new IRS Preparer Regulations requiring registration, testing and annual continuing education for previously unregulated tax preparers who prepare tax returns for compensation.  The IRS regulation introduced a new professional designation called the […]

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How to Study for the Enrolled Agents Exam

Becoming an Enrolled Agent is essential if you want to advance your career as a tax preparer.  IRS Enrolled Agents are unrestricted as to which taxpayers they can represent, the types of tax matters they can handle, and which IRS offices they can represent clients before.  One of the requirements of becoming an Enrolled Agent […]

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