Tagged: Registered Return Preparers

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The Difference Between Exempt and Non-Exempt Preparers for the IRS’s New Annual Filing Season Program

The IRS recently launched a new voluntary tax preparer program called the Annual Filing Season Program (or AFSP).  One of the key distinctions in the program is whether a preparer is exempt or non-exempt as different Continuing Education requirements apply.  For instance, non-exempt preparers must complete an Annual Federal Tax Refresher course and exam administered by an IRS-approved CE provider...

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What Does the Annual Filing Season Program Mean to RTRPs?

Many tax professionals who passed the RTRP exam are wondering how the recently announced IRS Annual Filing Season Program, Annual Federal Tax Refresher course, and AFTR exam affects them.  These questions enter an already confusing regulatory framework given the Loving decision where the mandatory nature of the RTRP program was invalidated.[1]  Since the IRS was enjoined from administering the mandatory RTRP...

Picture of a stone sign on the IRS building in Washington, D.C. 0

IRS Considering New Voluntary Tax Preparer Program for 2014

The IRS is considering proposals to implement a voluntary system for the regulation of tax return preparers.  Based on statements made by IRS Commissioner John A. Koskinen as well as a public letter issued by the AICPA to the commissioner,[1] it appears the regulations could be implemented before the end of 2014. Several key figures at the IRS have indicated...

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Is the IRS Tax Preparer Education Program Still in Effect?

There is a significant amount of confusion as to whether the tax preparer continuing education program for RTRPs implemented by the IRS is still in effect. The short answer is the program is indeed still in effect for RTRPs, but the continuing education requirement and RTRP designation is not presently mandatory as the IRS had indicated as recently as January...