IRS Update: Continuing Education Reminder for Registered Return Preparers

Below is a reminder about the Continuing Education (CE) requirements for registered return preparers.

All registered return preparers who are not a CPA, attorney, or Enrolled Agent must complete 15 hours of continuing education each year.

The continuing education requirements begin this year (2012) and must be met by December 31, 2012. The CE requirements must also be met even if you have not completed the testing requirement.

The 15 hours of continuing education must include:

• 2 hours of ethics
• 3 hours of Federal tax law update
• 10 hours of other Federal tax law

Also, the continuing education requirements do not apply to certain supervised preparers and preparers who do not prepare individual 1040 returns.

Click here to read the entire CrossLink Tax Update which includes more of the latest information on Continuing Education AND Record Keeping requirements for Registered Return Preparers.