What You Need to Know About the IRS Registered Tax Return Preparer Competency Test

The Dreaded RTRP Test Is Here! CALLING ALL RTRP TEST TAKERS, CALLING ALL RTRP TEST TAKERS! We know that it seems like there have been more news releases for this test than for Lindsay Lohan's arrests aired on TMZ.  However, please keep in mind we are just the messengers folks, just the … [Read more...]

Registered Tax Return Preparer (RTRP) Exam Scheduled To Begin Next Week!

Well folks, we knew it was coming sooner or later!  After all, that's why we went into business!  lol  The IRS has just announced that the Registered Tax Return Preparer Exam (RTRP Exam) will start to be administered next week (week of 11/28/2011).  As originally announced, Prometric will be the … [Read more...]

IRS Competency Exam Newsflash!

Newsflash!!  The IRS has just announced that the Competency Exam for Registered Tax Return Preparers (RTRP) will become available in November.  They did not give any further details at this point in time. Do you need to take the exam?  Click here … [Read more...]

Hot Off The Press- IRS Competency Exam Subject Matter Update!

Wow!  It seems that the IRS went all out when creating the new exam that a registered tax return preparer must pass.  Basically, they made it a mini-Enrolled Agent exam, minus the small business material.  Check out the following link to see a complete list of the test material, "IRS Competency … [Read more...]

Latest & Greatest Registered Tax Return Preparer Regulations

So you wanna be a tax preparer?  Kind of sounds like a game show, eh?  All kidding aside, the IRS is continually getting closer and closer toward coming up with a solid game plan for an individual to follow in order to prepare taxes for compensation.  Like the tax code itself, their game plan … [Read more...]

Are You In Noncompliance With IRS Regulations?

About 1 out of every 8 of the nation’s professional tax return preparers failed to comply with new regulations for 2011, according to data released by the IRS.  Shame on them!  Didn't their mommas teach them any better? The IRS has announced that approximately 100,000 paid … [Read more...]

PTIN Tax Preparers -What do you call yourself?

A terminology guide for Registered Tax Preparers The new IRS rules for Registered Tax Preparers have left professional tax preparers wondering about their official designation. The Notice of Proposed Rulemaking Regulations Governing Practice Before the Internal Revenue Service states this: An … [Read more...]

What’s on the IRS Competency Exam?

The IRS Competency Exam will be either pass or fail and have a total of 120 questions.  The questions will be in a mixed format of multiple choice and true/false questions covering the following Tax and Income forms: Wage & Non-Business Income Form 1040 Examination (Link To View IRS … [Read more...]