It is our recommendation that tax preparers continue to study of the IRS Exam. Will there be a silent discrimination against those who have not taken the test and those who have? We encourage Tax Preparers to be all that they can be, and that includes preparing and passing the IRS Exam. If the courts do not allow the IRS Requirements for Tax Preparers, you may need to find another way to express your qualifications to the general public.
The single most interesting point about the testing procedure is, once you pass the IRS Exam, you go to the head of the class. You answer to the IRS directly, and the pecking order puts you right under the Enrolled Agent. State Licensed Tax Professionals are just that, licensed by the State. For some reason, Tax Preparers can't seam to see the higher earning potential and the value it brings to the profession.
I personally studied for 3 hours a day for a little over 30 days to ensure that I pass the Exam. And of course I studied "the wrong" material. Yet I was blessed to pass the Exam and fulfill the IRS's qualifications before moving offshore. We at TaxesWillTravel dot com encourage other Tax Professionals to do the same. It matters, it makes a difference. It's a whole different ball game.
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On Friday, Jan. 18, 2013, the United States District Court for the District of Columbia enjoined the Internal Revenue Service from enforcing the regulatory requirements for registered tax return preparers. In accordance with this order, tax return preparers covered by this program are not required to complete competency testing or secure continuing education. The ruling does not affect the regulatory practice requirements for CPAs, attorneys, enrolled agents, enrolled retirement plan agents or enrolled actuaries.
On Friday, Feb. 1, the court modified its order to clarify that the order does not affect the requirement for all paid tax return preparers to obtain a preparer tax identification number (PTIN). Consistent with this modification, the IRS has reopened the online PTIN system.
The IRS continues to have confidence in the scope of its authority to administer this program and is working with the Department of Justice to address all options, including a planned appeal.
Please continue to www.irs.gov/taxpros for additional information as it becomes available.
Blog Flux
About Me
- YouTube Channel
- I am a telecommunications engineer by trade, graduated DeVry - Chicago Campus, and worked WNUS-Chicago, KPIX San Francisco, Hewlett Packard and United Airlines - SFO. Born and raised in the San Francisco Bay Area. Lived in Europe, Africa for a short time, Mexico and South America. Early Childhood Education was my second career and my most rewarding. From vocational instructor at the college level to my own private preschool and kindergarten, this is the career that touched my heart. And now, even though I am retired and traveling the world, I still find the need to provide value for young children around the globe. I am the author of Travel the World on Social Security and several short fictional reads in the Kindle Store. My favorite Kindle eBooks are the series of educational books for kids ages 3 to 9 years of age. I have included each of the topics necessary for a young child to do well in Kindergarten. My eBooks are best viewed on a large-screen TV. The pages come to life, and children enjoy the enormous size of viewing their eBook on the big screen.