…NTPI Fellow community Take advantage of graduate level classes What Is NTPI? The National Tax Practice Institute (NTPI®) is a three-level program designed to prepare tax professionals for a career in tax representation. With each level of this program, the core curriculum enables participants to expand their knowledge and skills, and gain the confidence needed to successfully guide their clients through the often-challenging maze of IRS codes, internal regulations, and agency structure. Please note that this program is open only…

Tax Practice Management When it comes to either taxes or practice management, NAEA is the leader in education for future ready tax professionals with classes and seminars designed by experts who can deliver the skills and knowledge you need to run and grow your practice smoothly and profitably. We offer practice management courses as well as classes in tax preparation and representation, either in-person or online, at a discount to members. Practice management is more important now than it has…

…at the IRS Nationwide Tax Forum. NAEA represents the interests of some 46,000 enrolled agents across the country. This organization strongly supports Commissioner Shulman’s efforts to set standards for the return preparation industry. We believe these proposed PTIN user fee regulations are both necessary and reasonable and have submitted written comments in that regard. I will limit my comments today to three items—the annual renewal cycle; the size of the user fee; and, the agency’s plans for enforcement and public…

…Form 433a, negotiating installment agreements, and offers in compromise before the IRS and state taxing authorities. As a former IRS criminal investigation special agent and assistant special agent in charge of the New York Field Office, Mr. Gannaway has 20 years of experience in managing and unraveling domestic/international complex white-collar financial fraud schemes involving tax evasion, corruption, and money laundering. He works closely with attorneys as a “Kovel” accountant in defending individuals under investigation or who may have been indicted…

On January 9, 2018, IRS informed tax practitioners and tax industry partners of a January 3 policy change to Internal Revenue Manual (IRM) Section 21.1.3.3, “Third Party (POA/TIA/F706) Authentication.” The stated purpose of this section of the IRM is to provide appropriate research and procedural instructions for IRS customer service representatives (CSRs) to verify the identities of taxpayer representatives who indicate they have a third-party authorization for a taxpayer on file with the IRS. In practice, the IRM update requires…

…and Tom Rice (R-SC). There are approximately 460,000 uncredentialed tax return preparers who may not meet basic competency standards. As a result, many preparers are ill-equipped to assist taxpayers, resulting in inaccurate, and sometimes fraudulent, tax returns. Taxpayers should have confidence that they can expect minimum competency from their tax return preparers. H.R. 4184 is a steppingstone to raising the industry’s standard to ensure that the new authority would require a background check, competency test, continuing education, and ethical standards….

…will provide a grace period before it considers any disciplinary action under Circular 230 Section 10.30(a). Next Steps IRS will be releasing a new logo for EA use. Within six months of that release, EAs must delete the prior logo from advertising, websites, business cards and other communications. Please note that we have not included the draft logo referenced in Ms. Campbell’s letter, as IRS has not yet released it. NAEA will inform members when the new logo is available—and…

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