Drake Software blog for tax pros, covering tax, IRS news, and more

Higher Standards for Tax Preparers

Higher Standards for Tax Preparers

Last November, the IRS began efforts to increase the quality of the tax preparation industry and improve service to taxpayers by requiring certain tax preparers to complete a Registered Tax Return Preparer (RTRP) competency test. In the last few months, some 3,000 tax preparers have passed...…

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IRS Reminds Preparers of Continuing Education Requirements

IRS Reminds Preparers of Continuing Education Requirements

Tax preparers who are required to pass the new Registered Tax Return Preparer competency exam must complete 15 hours of continuing education this year, and those hours must come from IRS-approved providers. This new continuing education requirement is part of the IRS’s efforts to eliminate problems it has experienced with unqualified preparers.…

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Opportunity Knocking

Opportunity Knocking

Having trouble finding affordable and convenient ways to meet your Continuing Professional Education (CPE) requirements? Are CPE requirements new to you and you’re not sure where to go or how to get started? Are you looking for ways to brush up on your tax knowledge, but prefer to learn in a self-paced, yet interactive environment?…

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