Mr. Rain is right, if you want to be a Registered Tax Return Preparer (RTRP) or an Enrolled Agent designations it depends on you. You will have unlimited to represent your clients before the IRS with all level if you are an EA, and limited with the IRS if you are RTRP. I myself has had PTIN for a long time ago, and I've learnt that the new rule would effect all Tax Preparers in the next few year before I became an EA. Hope this will be helpful.
That depends on you. For many, this is a great time to get the EA. What we hear most often is that it makes sense because you must take an exam and CPE anyway, so why not put in a little more effort and go for it. We also have CPA review if you are really ambitious.
If you are going to test and need CPE anyway go for the EA!!!
IRS Circular 230 Disclosure
Pursuant to the requirements of the Internal Revenue Service Circular 230, we inform you that, to the extent any advice relating to a Federal tax issue is contained in this communication, including in any attachments, it was not written or intended to be used, and cannot be used, for the purpose of (a) avoiding any tax related penalties that may be imposed on you or any other person under the Internal Revenue Code, or (b) promoting, marketing or recommending to another person any transaction or matter addressed in this communication.
Start a Tax Career
Tax Course & RTRP Exam Guide + Practice Exams
Learn more about FFA's IRS RTRP study guide and UNLIMITED Practice Exams.