California Tax Preparers Are Reminded To Comply With CTEC Continuing Education Requirements
Online resource answers preparers' questions about new IRS regulations, while also allowing them to complete continuing education requirements.
LOS ANGELES, Sept. 28 /PRNewswire-USNewswire/ -- Some California tax preparers have taken a "wait and see" attitude about continuing education requirements in light of new IRS tax preparer regulations. But California Tax Education Council (CTEC) requirements are still in effect, so it's essential that California preparers comply with CTEC rules sooner rather than later.
To make the process as easy as possible, online resource CTECrenewals.com presents the latest information on the IRS regulations and how they affect preparers. The site also offers a course that satisfies annual continuing education requirements.
"Unfortunately, there's been a lot of confusion surrounding the new IRS rules about Preparer Tax Identification Numbers," says Sonia Mendoza, director of National Board of Tax Practitioners. "We're telling our members that, bottom line, California tax preparers are not exempt from CTEC requirements and the sooner they complete their continuing education requirements, the better. If they wait too long, they will have to pay late fees in order to legally begin preparing tax returns again."
The IRS is now requiring all tax preparers who create and sign federal tax returns—and are paid for doing so—to register for a Preparer Tax Identification Number (PTIN). The new rule was established to gain better oversight over the tax preparation industry.
CTECrenewals.com is committed to spreading the word that the IRS rules don't affect CTEC requirements. California tax preparers must still complete their annual continuing education courses on state and federal tax laws.
"We're excited about what CTECrenewals.com offers tax preparers: a one-stop, online course that makes it easy for tax preparers to satisfy CTEC rules," Mendoza says. "We don't want our members to get stuck paying late fees, so we're encouraging them to act now."
For more information, visit http://www.ctecrenewals.com.
About CTECrenewals.com
CTECrenewals.com is a trusted provider of online courses and is committed to providing the highest quality at the lowest cost for tax preparers. The online-based tests and instant certificates help tax professionals fit continuing education courses into their busy lives and assist them in meeting strict CTEC deadlines. For more information, visit www.CTECrenewals.com.
SOURCE CTECrenewals.com
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