CPA
Joe Kristan, who does not support the new IRS tax preparer regulation regime,
reported at his ROTH AND COMPANY TAX UPDATE blog that “IRS Quietly Delays CPE Requirement Under New Preparer Regulation Scheme” -
“In a quiet admission of failure, the IRS
Return Preparer Office posted on its Facebook page that it won’t be enforcing
the new 15-hour CPE requirement for Registered Tax Return Preparers this year:
‘We’ve received some questions
from people who didn’t get their 15 hours of CE completed in 2012. Here’s the
deal: In addition to the 15 hour requirement for 2013, you must also make up
any hours not completed in 2012. There is no need to designate or notify us
that hours earned in 2013 are for 2012. Be sure to keep records of the programs
you attend. Additionally, for those people who answered “no” to the CE
requirement question on their PTIN renewal, we will be sending them a letter
soon advising them they are still responsible for the hours.’”
Since
the IRS has given in on this aspect of the regulation procedure, perhaps it
will also give in and extend the time to take and pass the RTRP initial
competency test.
Of
course the better solution is grandfathering!
RDF
The better solution is repeal!
ReplyDeleteJK-
ReplyDeleteRepeal of the test - yes. Of the RTRP designation and CPE requirement - no.
TWTP
If you are capable of preparing a legal, accurate, and error-free tax return, you should be able to pass this test with no issue. Why wouldn't you want to show your cliets that you can do so?
ReplyDelete