The Internal Revenue Service now requires non-CPAs and non-Attorneys to take competency exams to become Registered Tax Preparers, as well as, sign up for a PTIN (Preparer Tax Identification Number). The exam is administered under tight controls and is rigorous. It consists of 120 questions on tax issues and ethics. You have 2 and 1/2 hours to complete the exam. I took the exam on January 30, 2012 and was notified by the IRS that I had successfully passed the exam. I am now a Designated Registered Tax Return Preparer.
My background includes 39 credit hours in accounting plus a Masters in Economics. I received all A's in my accounting curriculum. I would have taken the CPA exam but was so far financially advanced that I was not hired by CPA firms. However, the tax exam is like a microcosm of the CPA exam, testing on ethics and tax knowledge. I have worked in corporate accounting and internal audit where account reconciliations and auditing were standard. Yours truly has also worked many years in corporate finance, statistical research and a lot of systems work. Therefore, I am used to complying with stringent data and reporting requirements. Four Point OH! is also an authorized
e-file provider. Just like the disclaimer below, the IRS "DOES NOT ENDORSE" any particular provider or the SOFTWARE they use or develop. They have just investigated your background or minimum required competency.
Consequently, I am qualified to do tax preparation for 1040EZ, 1040A, 1040 with all the schedules combined with accounting. Electronic filing capability.
To schedule a free tax interview please complete the Contact Form
Four Point OH! Tax questionnaire: Client Questionnaire
FEDERAL COURT DECISION