Tagged: RTRP Regulations

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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...

Photo taken from outside the IRS building in Washington, D.C. 0

IRS Announces Voluntary Annual Filing Season Program for Tax Professionals

Washington D.C. – Today the IRS released details on the new voluntary Annual Filing Season Program designed for un-enrolled tax return professionals.  The Annual Filing Season Program is essentially a re-boot of the now defunct RTRP program with some modifications.[1]  This newest version includes an 18 hour CE requirement that will look familiar to anyone familiar with the RTRP program,...

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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Proposed IRS Regulation of RTRPs Heads to Congress for Consideration and Medical Marijuana Headline this Week’s Interesting Tax Articles

This weeks interesting tax article roundup is headlined by the Obama administration’s effort to pass the RTRP regulations authorizing the IRS to monitor tax professionals. Administration Seeks Passage of RTRP Regulations – The Obama administration is seeking authority from Congress for the IRS to regulate tax preparers under its RTRP program regulations that were ruled invalid by the Court of...