Your Tax Preparer is Legal!

New Federal Rules

As of January 1, 2011, the IRS is requiring all paid tax preparers (includes attorneys, CPAs, CRTPs and EAs) who prepare or assist with preparing federal tax returns to have a valid Preparer Tax Identification Number (PTIN).

The IRS also requires tax preparers, who are not attorneys, CPAs or EAs, to pass an initial competency exam and complete 15 hours of continuing education each year!