Registered Tax Return Preparer & PTIN & EFIN

Discussion in 'Tax' started by Wilson, Sep 10, 2011.

  1. Wilson

    Wilson Guest

    I applied and got a PTIN last year after Sept. and used it for filing during
    2011. I prepare less than 100 returns per year currently.

    It appears that I will need to apply for an EFIN before I can start doing
    returns in 2012.

    My question is, do I need to become a Registered Tax Return Preparer too? If
    not now, does it look like I will have to in the future?

    I'm a paid preparer, but not a tax lawyer, CPA or an Enrolled Agent.
    --
    Wilson 44.69, -67.3

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>
     
    Wilson, Sep 10, 2011
    #1
    1. Advertisements

  2. Wilson

    John Fisher Guest

    On Sep 10, 11:55 am, Wilson <> wrote:
    > I applied and got a PTIN last year after Sept. and used it for filing during
    > 2011. I prepare less than 100 returns per year currently.
    >
    > It appears that I will need to apply for an EFIN before I can start doing
    > returns in 2012.
    >
    > My question is, do I need to become a Registered Tax Return Preparer too? If
    > not now, does it look like I will have to in the future?
    >
    > I'm a paid preparer, but not a tax lawyer, CPA or an Enrolled Agent.
    > --
    > Wilson 44.69, -67.3


    To promote the effective and efficient
    administration of the electronic filing
    requirement in section 6011(e)(3), proposed
    § 301.6011–6(a)(3) provides a transition
    rule for 2011, based upon the number
    of individual income tax returns a tax
    return preparer reasonably expects (if the
    preparer is a member of a firm, the preparer’s
    firm members in the aggregate reasonably
    expect) to file, to permit the IRS
    and affected tax return preparers sufficient
    time to prepare for and implement the requirement
    of section 6011(e)(3) and proposed
    § 301.6011–6. Beginning January 1,
    2011, tax return preparers who reasonably
    expect to file (if a preparer is a member of
    a firm, the firm’s members in the aggregate
    reasonably expect to file) 100 or more
    individual income tax returns in calendar
    year 2011 are specified tax return preparers
    who are subject to these regulations in
    2011. Beginning January 1, 2012, tax return
    preparers who reasonably expect to
    file (if a preparer is a member of a firm,
    the firm’s members in the aggregate reasonably
    expect to file) 11 or more individual
    income tax returns in a calendar year
    are specified tax return preparers who are
    subject to these regulations for that calendar
    year.

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>
     
    John Fisher, Sep 10, 2011
    #2
    1. Advertisements

  3. In article <j4frnp$st0$>, Wilson <> wrote:
    >I applied and got a PTIN last year after Sept. and used it for filing during
    >2011. I prepare less than 100 returns per year currently.
    >
    >It appears that I will need to apply for an EFIN before I can start doing
    >returns in 2012.
    >
    >My question is, do I need to become a Registered Tax Return Preparer too? If
    >not now, does it look like I will have to in the future?
    >
    >I'm a paid preparer, but not a tax lawyer, CPA or an Enrolled Agent.



    If you are a paid tax return preparer, each year you must renew your PTIN.


    Since you are not an attorney, CPA or EA, you must also apply and
    become a RTRP. In addition to your other requirements, that means
    you must pass a one-time test (IRS released the subjects covered in the
    test this week) and each ear must take at least 15 hours of continuing
    professional education, including at least two hours of ethics.

    Exception: If you have a PTIN and are employed by an attorney, CPA or
    EA who signs returns and is responsible for returns which
    you prepare, you are exempt from becoming a RTRP.


    NOTE: If you are an Electronic Return Preparer (ERO) you must have an EFIN.


    Everyone who, or whose firm prepares at least 10 tax returns anually
    for years after 2011 must file electronically and you or your firm
    would be an ERO or contract through an ERO to file electronically.


    Minor quibble: Above you said you were not a tax lawyer. Any attorney
    in good standing with a state bar regardless of specialiy, is deemed to
    be exempt from having to become a RTRP.
    --

    ArtKamlet at a o l dot c o m Columbus OH K2PZH

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>
     
    Arthur Kamlet, Sep 10, 2011
    #3
  4. Wilson

    Guest

    On Sep 10, 12:23 pm, (Arthur Kamlet) wrote:

    > Since you are not an attorney, CPA or EA, you must also apply and
    > become a RTRP.   In addition to your other  requirements, that means
    > you must pass a one-time test (IRS released the subjects covered in the
    > test this week) and each ear must take at least 15 hours of continuing
    > professional education, including at least two hours of ethics.


    Does the CA tax preparer education requirement fulfill this
    requirement? From ctec.org

    BEGIN QUOTE http://www.ctec.org/Content.aspx?pid=12

    Must apply for their Certificate of Completion within 18 months after
    completing their 60 hours of qualifying education from an approved
    provider.

    Must complete, on an annual basis, not less t han 20 hours of
    continuing education from an approved curriculum provider (12 hours
    federal, 4 hours California, and 2 hours ethics and 2 hours of either
    federal or California).

    END QUOTE

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>
     
    , Sep 11, 2011
    #4
  5. Wilson

    D. Stussy Guest

    <> wrote in message
    news:...
    > On Sep 10, 12:23 pm, (Arthur Kamlet) wrote:
    >
    > > Since you are not an attorney, CPA or EA, you must also apply and
    > > become a RTRP. In addition to your other requirements, that means
    > > you must pass a one-time test (IRS released the subjects covered in the
    > > test this week) and each ear must take at least 15 hours of continuing
    > > professional education, including at least two hours of ethics.

    >
    > Does the CA tax preparer education requirement fulfill this
    > requirement? From ctec.org
    >
    > BEGIN QUOTE http://www.ctec.org/Content.aspx?pid=12
    >
    > Must apply for their Certificate of Completion within 18 months after
    > completing their 60 hours of qualifying education from an approved
    > provider.
    >
    > Must complete, on an annual basis, not less t han 20 hours of
    > continuing education from an approved curriculum provider (12 hours
    > federal, 4 hours California, and 2 hours ethics and 2 hours of either
    > federal or California).
    >
    > END QUOTE


    Yes, and no. Technically, one has to register with the IRS, and the
    continuing education credits also have to be accepted by them. If the
    credits count, then yes.

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>
     
    D. Stussy, Sep 11, 2011
    #5
  6. Wilson

    og954

    Joined:
    Aug 16, 2011
    Messages:
    28
    I am thinking about preparing tax returns for the upcoming season in my spare time. Does anyone know of any good resources that would help me pass the RTRP and help me run this venture in general? Any help is appreciated and thanks in advance. I live in Florida if that matters.
     
    og954, Sep 11, 2011
    #6
  7. In article <j4hlpp$2ap$>,
    D. Stussy <6lvw.ampr.org> wrote:
    ><> wrote in message
    >news:...
    >> On Sep 10, 12:23 pm, (Arthur Kamlet) wrote:
    >>
    >> > Since you are not an attorney, CPA or EA, you must also apply and
    >> > become a RTRP. In addition to your other requirements, that means
    >> > you must pass a one-time test (IRS released the subjects covered in the
    >> > test this week) and each ear must take at least 15 hours of continuing
    >> > professional education, including at least two hours of ethics.

    >>
    >> Does the CA tax preparer education requirement fulfill this
    >> requirement? From ctec.org
    >>
    >> BEGIN QUOTE http://www.ctec.org/Content.aspx?pid=12
    >>
    >> Must apply for their Certificate of Completion within 18 months after
    >> completing their 60 hours of qualifying education from an approved
    >> provider.
    >>
    >> Must complete, on an annual basis, not less t han 20 hours of
    >> continuing education from an approved curriculum provider (12 hours
    >> federal, 4 hours California, and 2 hours ethics and 2 hours of either
    >> federal or California).
    >>
    >> END QUOTE

    >
    >Yes, and no. Technically, one has to register with the IRS, and the
    >continuing education credits also have to be accepted by them. If the
    >credits count, then yes.



    I do not believe passing the CA preparer tests meet the RTRP
    requirements.

    At this time, CA preparers and all other prospective RTRPs must pass
    the federal RTRP test which the IRS requires. I believe they
    contracted administration and scoring of this test to Prometrics.

    In the future, IRS may have other categories of RTRPs, say small
    business, large business, trusts & estates, payroll and trust funds,
    etc.

    As of now, the IRS has gone along with a test that examines knowledge
    of basic 1040 information, and small sole proprietors. The test also
    includes some ethics and rep work for examination only for tax returns
    prepared and signed by the RTRP.


    I have not read the full requirements for education, but would guess
    the tax portions must be relevant to federal tax issues, Education
    relevant only to state issues probably would not count towards the
    RTRP annual requirement.
    --

    ArtKamlet at a o l dot c o m Columbus OH K2PZH

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>
     
    Arthur Kamlet, Sep 11, 2011
    #7
  8. Wilson

    D. Stussy Guest

    "Arthur Kamlet" <> wrote in message
    news:j4j8gv$kc$...
    > In article <j4hlpp$2ap$>,
    > D. Stussy <6lvw.ampr.org> wrote:
    > ><> wrote in message

    >
    >news:...
    > >> On Sep 10, 12:23 pm, (Arthur Kamlet) wrote:
    > >>
    > >> > Since you are not an attorney, CPA or EA, you must also apply and
    > >> > become a RTRP. In addition to your other requirements, that means
    > >> > you must pass a one-time test (IRS released the subjects covered in

    the
    > >> > test this week) and each ear must take at least 15 hours of

    continuing
    > >> > professional education, including at least two hours of ethics.
    > >>
    > >> Does the CA tax preparer education requirement fulfill this
    > >> requirement? From ctec.org
    > >>
    > >> BEGIN QUOTE http://www.ctec.org/Content.aspx?pid=12
    > >>
    > >> Must apply for their Certificate of Completion within 18 months after
    > >> completing their 60 hours of qualifying education from an approved
    > >> provider.
    > >>
    > >> Must complete, on an annual basis, not less t han 20 hours of
    > >> continuing education from an approved curriculum provider (12 hours
    > >> federal, 4 hours California, and 2 hours ethics and 2 hours of either
    > >> federal or California).
    > >>
    > >> END QUOTE

    > >
    > >Yes, and no. Technically, one has to register with the IRS, and the
    > >continuing education credits also have to be accepted by them. If the
    > >credits count, then yes.

    >
    >
    > I do not believe passing the CA preparer tests meet the RTRP
    > requirements.


    Like I said, one still has to register with the IRS.

    > At this time, CA preparers and all other prospective RTRPs must pass
    > the federal RTRP test which the IRS requires. I believe they
    > contracted administration and scoring of this test to Prometrics.


    I didn't say that they were exempt.

    > In the future, IRS may have other categories of RTRPs, say small
    > business, large business, trusts & estates, payroll and trust funds,
    > etc.
    >
    > As of now, the IRS has gone along with a test that examines knowledge
    > of basic 1040 information, and small sole proprietors. The test also
    > includes some ethics and rep work for examination only for tax returns
    > prepared and signed by the RTRP.
    >
    >
    > I have not read the full requirements for education, but would guess
    > the tax portions must be relevant to federal tax issues, Education
    > relevant only to state issues probably would not count towards the
    > RTRP annual requirement.


    That's why I said that only the credits accepted by the IRS counted.

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>
     
    D. Stussy, Sep 12, 2011
    #8
    1. Advertisements

Want to reply to this thread or ask your own question?

It takes just 2 minutes to sign up (and it's free!). Just click the sign up button to choose a username and then you can ask your own questions on the forum.
Similar Threads
  1. Peter Saxton
    Replies:
    87
    Views:
    1,820
    Ronald Raygun
    Mar 21, 2007
  2. Gary G
    Replies:
    1
    Views:
    653
  3. Gary G
    Replies:
    1
    Views:
    1,963
    Arthur Kamlet
    Mar 20, 2008
  4. Craig Q Chilton

    Registered tax preparer question

    Craig Q Chilton, Sep 12, 2011, in forum: Tax
    Replies:
    1
    Views:
    280
    Bill Brown
    Sep 13, 2011
  5. Philip Herlihy
    Replies:
    10
    Views:
    979
    Philip Herlihy
    Oct 18, 2013
Loading...

Share This Page