IRS Update: Return Preparer Testing and Background Check Update

The IRS has announced that the Registered Tax Return Preparer Competency Test is being launched the week of November 28, 2011.

Here is what you need to know about testing:

• Currently registered preparers have until December 31, 2013 to pass the competency test.
• Scheduling an appointment will be done through the online PTIN account you used to renew or register your PTIN at www.irs.gov/ptin.
• The testing fee is $116.
• The fee is paid online at the time of scheduling a test appointment.
• You will take the test on a computer at a Prometric test center.
• The test will cover Tax Year 2010 Form 1040 and related schedules.
• The test will take two and a half hours and will contain 120 multiple choice / true or false questions.
• When you go to take the test, you need to bring a valid, government issued photo identification.
• The test is available in English only.

Click here to continue reading the entire CrossLink Tax Update which includes detailed information on the Return Preparer Test and Background Check.