Certified Public Accountants (CPAs) must adhere to the continuing education requirements set forth by the State Board of Accountancy of the state/s where a CPA license is held. The requirements for continuing professional education vary from state to state. The American Institute of CPAs (AICPA) requires certain CPE for maintaining membership. There are also special CPE requirements for those performing work related to the Government Accountability Office (GAO) and the Employee Retirement Security Act (ERISA). Use the search tool on the right to learn about the different CPE requirements.
Tax Return Preparers registered with the IRS must meet
continuing education requirements set forth by the IRS. Below is a summary of the CPE requirements for
Tax Return Preparers.
The IRS has proposed that Registered Tax Return Preparers will be required to complete continuing education annually. The annual continuing education requirement is expected to include 3 hours of federal tax law updates, 2 hours of ethics, and 10 hours of other federal tax law.
This will not apply to attorneys, CPAs, enrolled agents, enrolled actuaries, or enrolled retirement plan agents due to their existing education requirements.
As an interim rule, there is no continuing education requirement for registered tax return preparers or tax return preparers who obtain a provisional PTIN during the first year of registration, which commenced on September 30, 2010.
The beginning date for continuing education has not been determined and obtaining a PTIN through the new system does not trigger any new continuing education requirement. Once the continuing education requirement begins, affected preparers will have a full twelve months to meet their first year's requirement.
*This information is based on the proposed regulations scheduled for hearing on October 8, 2010. If the regulations are amended prior to final adoption, the above information will be changed to correctly reflect any such amendment at that time.
