What Are The Rules For Becoming A Certified Tax Preparer?

What Are The Rules For Becoming A Certified Tax Preparer?
3 min read
15 February 2023

As a CPA, you probably heard of the Certified Public Accountant designation. It's an important distinction that sets apart CPAs who have met certain requirements and earned the right to use this title. But what does it mean to become a certified tax preparer? And who must meet these requirements to be able to use this title? Let's answer these questions and more!

What is a certified tax preparer?

A certified tax preparer is a credentialed tax professional who has passed an exam and is required to meet ongoing education requirements. Certified tax preparers are trained to deal with the complexities of the tax code, which can be difficult even for experts in other fields.

Certification means that you have met certain standards set by professional organizations such as the American Institute of Certified Public Accountants (AICPA). The AICPA sets these standards through its certification process: first, it requires candidates to pass a written test; then, they must complete an educational requirement that includes some hands-on training; finally, they must pass an exam administered by Prometric or another testing service approved by AICPA staff members at their regional offices around the country.

Why is it important to be certified?

A certified tax preparer is someone who has been formally trained in the basics of preparing taxes. This training allows you to provide your clients with a higher level of service and ensure they receive accurate information regarding their taxes. Being certified also gives you more opportunities for employment since many employers prefer hiring those who have passed certification exams.

How do you become a certified tax preparer?

To become a certified tax preparer, you'll need to take a course and pass an exam. You can also apply for certification by passing the CPA Exam (also known as the Uniform CPA Examination). Once you've completed these steps, your state's board or organization will issue you their official designation.

A certified tax preparer must meet certain requirements before being able to use the CPA designation

To become a certified tax preparer, you must meet certain requirements. First and foremost, you must pass the CPA exam. After passing this exam, you will be given a certificate of completion indicating that you have met all of the requirements for becoming a CPA. You may use this certification to indicate your status as a certified tax preparer.

In addition to meeting these general requirements, passing the additional exams may be required. Many states have specific rules regarding continuing education requirements for those who wish to retain their certification and licensure with their state's board of accountancy or other relevant government agency such as the IRS or Department of Labor (DOL).

Conclusion

Being a certified tax preparer can be a rewarding and lucrative career choice. Apart from a heavy amount of income for yourself, you can gain a considerable amount of experience as you will work with many industries. You can also independently work on your firm and handle several clients simultaneously!

In case you have found a mistake in the text, please send a message to the author by selecting the mistake and pressing Ctrl-Enter.
GLOBAL FPO 2
Global FPO is a leading outsourced bookkeeping company for CPA firms across the United States and Canada. Our expert bookkeepers can handle any magnitude or com...
Comments (0)

    No comments yet

You must be logged in to comment.

Sign In