News from TaxMama’s® EA Exam Course
2 days left in tax season!
IRS released frequently asked questions about the new registration
Who will be affected by the new rules?
How will the recommendations impact owners of firms or franchises? Do the owners and their staff need to obtain a PTIN and test as applicable? What if an attorney or enrolled agent or CPA signs all the returns, would the unenrolled preparers be subject to the regulations? (posted 3/29/10)
All individuals who are compensated for preparing, or assisting in the preparation of, all or substantially all of a federal tax return or claim for refund or who sign, or are required to sign, a federal tax return or claim for refund as paid tax return preparer must obtain a PTIN and, if applicable, successfully pass an examination.
If an employee of a business prepares the business’ tax returns as part of their job responsibilities, will the recommendations affect them? (posted 2/2/10)
No. An employee who prepares his employer’s returns is not required to sign as a paid preparer. Accordingly, unless the employee prepares other federal tax returns for compensation, he or she will not be required to register and obtain a PTIN.
Do you know what changes will affect your ability to prepare tax returns?
You will – if you take TaxMama’s EA Exam Review Course!
April Special Continues to April 16th – Totes and TaxMama Family
The next 50 people who order before April 16th will get
a free TaxMama Family membership – worth $117.
And this terrific tote to hold all your books,
notes and discs – worth $25 – bonuses worth $142!
What happens if you register now?
Practice Building and Practice Management Tools
You will get access to all the valuable 2009 materials, checklists,
forms and templates and topics you can look up in depth –
to use with your clients during tax season, right now.
Ask your questions – LIVE
You get invited to TaxMama’s Monthly Tax Roundtables, where you
can bring up your client questions or just get clarification about law
changes as they come up. The next one is on April 22nd at 7:00 am PT
Course materials will be sent out in May, when the publishers send them to us.
OR PAY OVER TIME – USE THE INSTALLMENT PAYMENT OPTION
The Live EA class $1215 – Three payments of $405.00 each –
The Self-Study class $865 – First payment is $295.00
with two additional payments of $285.00 each.
For more answers:
1) Questions people have been asking, from our last issue.
Until next time,