Book Sample PDF
Full Tax Course, PLUS RTRP Exam
Buying a course that only focuses on the exam can be costly in the long run. Purchase one book with tax 101 that covers all the topics on the RTRP examination. Within these pages is everything you need to know to prepare tax returns for clients while preparing to pass the RTRP exam on the first try.
Spend less time studying
If you are looking for an IRS RTRP study guide that is streamlined and study-efficient look no further. We designed our IRS Registered Tax Return Preparer (RTRP) course to help you achieve the highest score on the IRS RTRP exam with the least amount of time and effort. We’ve summarized the RTRP test topics that are likely to be on the exam in an easy to follow outline format. Why spend your precious study time reviewing information you may never see on the IRS RTRP competency exam?
Free Online Question Bank
One of the best ways for future tax preparers to prepare for the IRS RTRP exam is to drill, drill, and drill! The more exam-like questions you see prior to taking the IRS competency examination, the more prepared that you will be. You can access our online question bank for free. Each RTRP test question is organized by exam section, topic, and book chapter reference. All questions include a detailed explanation of the correct answer, allowing you to get the most benefit out of every IRS RTRP study session.
Advanced Analytics and Reporting
The true power behind our IRS RTRP exam review course is the advanced reporting functionality within the RTRP test bank dashboard. You can measure your performance and determine areas of where you need to improve. Several tools are available that help you understand when you are ready take the tax preparer exam. Our online question bank has many advantages over conventional software, including the ability to measure your performance against other students using our study materials.
Additional Information:
IRS Registered Tax Return Preparer Changes Explained
Benefits of Becoming an Enrolled Agent
First, Sign Up with the IRS Online.
Paid federal tax return preparers started signing up using the new PTIN system in mid-September 2010. As of January 1, 2011, all tax return preparers, including those tax return preparers who are attorneys, certified public accountants, and enrolled agents, must have PTINs if they prepare tax returns. The online sign up form will be available at http://www.irs.gov/taxpros/. The IRS is assessing an annual fee of $64.25 for the PTIN registration and $63.00 for renewal.
Every single professional that prepares and files tax returns must pay the $64.25 fee annually ($63 for renewals) and sign up for a PTIN using the new process even if you already have a Preparer Tax Identification Number (PTIN) number assigned from the IRS. If you already have a PTIN number, that number will stay the same in most cases.
Second, Complete an RTRP Competency Exam. Registered tax preparers only. Attorneys, certified public accountants, and enrolled agents are exempt.
Paid federal tax return preparers must pass an IRS RTRP competency exam to officially become a Registered Tax Return Preparer (RTRP). PTIN registration is very important because if you already have your PTIN before or during the 2011 tax season, you may have until December 31, 2013 to complete this exam and take the test an unlimited number of times until you pass it. After the 2011 tax season, you will not be assigned a PTIN by the IRS until you pass this test.
Prometric will administer the RTRP competency exams for the IRS. The test will have 120 questions consisting of multiple choice and true / false questions. Each person will have 2.5 hours to complete the entire RTRP exam. The fee to take the exam is $116, pass or fail. The test is open book in the sense that Prometric will provide individuals with Publication 17, Form 1040 and Form 1040 instructions as reference materials during the exam. Please visit our IRS Registered Tax Return Preparer (RTRP) Exam Specification page for specific topics covered on the RTRP exam.
Attorneys, certified public accountants, and enrolled agents are exempt from the IRS RTRP competency test requirement. Enrolled actuaries and enrolled retirement plan agents are exempt from the registered tax return preparer competency test requirement if they only prepare returns within the limited practice areas of these groups.
The Fast Forward Academy IRS Tax Preparer Course & RTRP Exam Study Guide + Practice Exams including both Wages & Small Business Returns 1040 Series is available here today!
Finally, Annual RTRP Continuing Professional Education (CPE). Registered tax return preparers only. Attorneys, certified public accountants, and enrolled agents are exempt from this new requirement.
A new continuing education requirement of 15 hours per year begins this year (2012). Per the IRS, courses will need 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, certified public accountants, enrolled agents, enrolled actuaries, or enrolled retirement plan agents due to their existing education requirements.
30 Day Money Back Guarantee
If you are unsatisfied with our products for any reason, you may initiate a return for a full refund of the purchase price of the item(s). Shipping costs are not refundable. To qualify for the refund we must receive notice within 30 days of the date of purchase, along with a brief explanation of the reason for the return, your original receipt, and the product must have been purchased through FastForwardAcademy.com.
A Return Merchandise Authorization (RMA) form must accompany all eligible physical returns. If you purchased a product from another retailer you must contact them for any returns.
Multiple Testing Season Guarantee
Our test preparation products are guaranteed to span multiple testing seasons. If you buy our course(s), you will not need to purchase study materials again for the same exam! We promise to support you with updated materials until you complete your exam(s) to become an EA, RTRP, or any other designation we supply.
If you do not complete the exam(s) in a single testing season, we publish an update/summary to our study guides (via email & the Web) for anyone who purchased a study guide the prior year. Only a small percentage of content changes from one testing season to the next (5 to 10%) so it is not a lot of extra information. Our update will summarize new tax laws, changes to existing laws, and just about anything else you need to know for the new testing season.
Each year, our online Free Test Bank and Practice Exams automatically update at the beginning of the new testing period. So our material is just as good next season if you need it. There is no need for you to purchase an update.
We have one last option and that is if you do need a new book next year, you can request one for $25, but it shouldn't really be necessary. To qualify for a replacement book you must place your original order on our website or through a Fast Forward Academy authorized partner.
RTRP Certification Pass Guarantee
If you purchase our materials for the IRS RTRP exams and are unable to pass on your first attempt, we will provide you with the following upon request:
- A complete assessment and analysis of your exam results,
- Personal assistance from a coach who will create a study plan and guide you on areas of weakness, and
- Access to updated course materials at no cost.
In order to qualify, you must forward your exam diagnostic results within 30 days of the exam date.
Is your course a book or electronic download?
The IRS Tax Preparer Course & RTRP Exam Study Guide is a physical paperback book that will be shipped to you.
Does the IRS Tax Preparer Course & RTRP Exam Study Guide cover everything on the exam?
Yes. Our course contains everything you need to know to pass the RTRP exam, plus it is a tax preparer course with entry level content to help become a successful tax return preparer. Go beyond the exam and start a successful career!
Is your Tax Preparer exam course updated to cover the current test period?
Of course. All materials are updated for the 2011 testing season.
What is the difference between the free test bank and practice exams?
The difference between the test bank and practice exams relates to their purpose. The test bank compliments the book to study and apply what you are learning with real test questions. Once you have a grasp of the material, you should begin taking practice exams to measure your preparedness and to find out if you should spend the time and money on a live exam.
Can I get updated materials if I do not complete the requirements this year?
Yes, you can get updated materials for the following year. If you failed this year and can provide documentation we will cover the cost as well as provide an assessment in accordance with our
pass guarantee. All other circumstances, if you ran out of time for example, would simply be charged our cost of $25 for a new book.
Shipping? International?
We ship all over the world. In North America, Europe, and Australia we have distribution capabilities to ship direct without involving customs for faster and cheaper International delivery.
How can I pay? Do you take phone orders?
We accept all major credit cards. We also accept payments over the phone, (888)798-PASS (7277).
