A Profile in Education

ACCOUNTAX SCHOOL OF BUSINESS dba
 
A.S.B. EDUCATIONAL  INSTITUTE



WELCOME TO OUR WORLD
 
         Home       Course and Program Descriptions  Certifications and Recognitions     Registration      Our Instructors  The School Catalog   

 

IRS Continuing Education (CE) for Enrolled Agents, Enrolled Retirement Agents


 
Enrolled Agents

Enrolled Agents may receive credit hours for courses in Federal Tax Related Matter, Ethics, and Federal Tax Updates. Below is a list of the courses offered.

According to the Internal Revenue Service Circular 230, 10.6(g) Enrolled Agents and Enrolled Retirement Plan Agents must qualify for the renewal of  enrollment. In order to qualify for renewal of enrollment, an individual enrolled to practice before the Internal Revenue Service must certify on the application for renewal form prescribed by the Director of Practice that he or she has satisfied the requirement for continuing professional education. Requirements for enrollment cycle. A minimum of 72 hours of continuing education credit must be completed during each enrollment cycle. A minimum of 16 hours of continuing education credit, including 2 hours of ethics or professional conduct, must be completed during each enrollment year of an enrollment cycle.  An individual who receives initial enrollment during an enrollment cycle must complete 2 hours of qualifying continuing education credit for each month enrolled during the enrollment cycle. Enrollment for any part of a month is considered enrollment for the entire month.

The IRS will reach out to the various licensing authorities for attorneys, certified public accountants and other tax professionals to encourage them to support annual continuing professional education that includes federal tax law topics and updates and ethics for those individuals who are licensed by them and who prepare federal tax returns;

Tax return preparers will be required to self-certify the completion of continuing professional education at the time of registration renewal. The IRS will perform random checks to verify compliance.

Update Information:

Beginning immediately, the IRS will begin allowing continuing education credit for each of the three parts of the Enrolled Agent Special Enrolled ( SEE) test preparation programs. Students may now earn up to five hours of federal tax continuing education credit for preparation of the EA Test for each Parts 1 and 2, and two credit hours of ethics for Part 3.  The maximum amount for SEE preparation programs is 12 credit hours.

 

Enrolled Retirement Agents

An Enrolled Retirement Plan Agent (ERPA) is a person who has demonstrated competence in qualified retirement plan matters, allowing that individual to represent taxpayers before the Internal Revenue Service

(IRS). An ERPA has earned the privilege of representing clients on issues involving the following programs:

Employee Plans Determination Letters; Employee Plans Compliance Resolution System; and Employee Plans Master and Prototype and Volume Submitter. In addition, ERPAs may represent clients with respect to 5500 and 5300 series forms, but not with respect to actuarial forms or schedules.

ERPA must follow renewal of continuing education requirements. ERPAs are held to professional and ethical standards of conduct. 

Acceptable programs for enrolled retirement plan agents must directly enhance a practitioner’s understanding in qualified retirement plans or relate to ethics for enrolled retirement plan agents. Acceptable fields of study include programs related to plan document requirements, plan operation and administration, filing requirements (Form 5500); and IRS programs (the Determination Letter program and the Employee Plans Compliance Resolution System). Unacceptable fields of study include programs not directly related to qualified retirement plan matters such as personal development, personal investments, office management, general computer software or sales-oriented presentations for office equipment and other system applications.

 

See Course and Program Descriptions