The Internal Revenue Service has approved the National Association of State Boards of Accountancy and NASBA’s National Registry of CPE Sponsors as the first organizations to receive qualified accrediting status to provide continuing education as part of the IRS’s Registered Tax Return Preparer program.
The IRS now requires Registered Tax Return Preparers to obtain 15 hours of continuing education annually from qualified learning providers. The continuing education requirement is part of the IRS’s efforts to beef up regulation of the tax prep profession. The IRS is also requiring tax preparers to register and renew their Preparer Tax Identification Numbers before the end of the year and undergo competency tests.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access