The Tax Professionals Blog — IRS
New Power of Attorney Form (Form 2848)
Posted by Lee Reams II on
Notable changes to Form 2848 include:
1. No electronic filing – The form can no longer be electronically filed.
2. PTIN Required – Un-enrolled preparers must include a valid PTIN.
Read more on the blog...
Update - Get Those Circular 230 Disclaimers Off Your E-mails!
Posted by Lee Reams Sr. on
Seems most practitioners are ignoring the fact that the recent Circular 230 amendments have eliminated the need for the Circular 230 disclosures at the bottom of their e-mails.
The IRS voluntary return preparer certification program is a win- win for consumers and tax professionals alike.
Posted by Lee Reams II on
Much has been written about and debated regarding the new IRS Voluntary Annual Filing Season Program (AFSP) and how it affects the tax preparation industry. When the IRS launched the RTRP program some years ago, the primary goal was to ensure that all tax preparers had a minimum amount of annual continuing tax education.
California Registered Tax Preparers Get Special Treatment under the New IRS Voluntary Annual Filing Season Program.
Posted by Lee Reams Sr. on
To prepare tax returns in California, non-exempt(1) tax preparers must meet the education and registration requirements of the California Tax Education Council (CTEC). Initially, this requires an applicant to pass a 60-hour qualifying education course and subsequently meet the annual 20-hour education requirements to become a California Registered Tax Preparer (CRTP). CRTPs are required to reregister with CTEC annually. CTEC only reregisters those who have completed their annual CE requirements.
The New IRS voluntary Annual Filing Season Program and how it effects California Registered Tax Preparers
Posted by Lee Reams Sr. on
On June 26, 2014, the IRS issued information about its new voluntary Annual Filing Season Program (AFSB).
But before you get too excited, you should know that California Registered Tax Preparers (CRTPs) will automatically be issued a Record of Completion if they are registered in good standing with CTEC for the 2014-15 year and have a valid PTIN.