Enrolled Agents Updates
At BestCPE, we offer more than just continuing education for Enrolled Agents. It is our goal help EAs fast forward through all the information available and to help guide EAs to a successful career. We know that EAs need the most current information possible to keep their licenses up to date. Hopefully, the following information will be of assistance. As always, the IRS is the definitive source for your information, and we suggest accessing more complete information at www.irs.gov.
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Renewal Period Delayed:
This Announcement delays until further notice the renewal period under section10.6(d) of the regulations governing practice before the IRS, Treasury Department
Circular No. 230, 31 CFR part 10 (Circular 230), for enrolled agents with social security numbers or tax identification numbers ending in 4, 5, or 6. Circular 230 requires that, to maintain active enrollment to practice before the IRS, enrolled agents must renew enrollment every third year after initial enrollment isgranted. An enrolled agent’s renewal schedule is determined by the last digit of the individual’s social security or tax identification number as provided in section 10.6(d) of Circular 230. The renewal schedules are staggered with approximately one third of enrolled agents renewing every year. To apply for renewal, individuals file a Form 8554, “Application for Renewal of Enrollment to Practice Before the Internal Revenue Service.” The Form must be filed between November 1 and January 31 of the appropriate year, and renewal is effective on April 1. The renewal period for enrolled agents whose social security numbers or tax identification numbers end in 4, 5, or 6 is scheduled to begin on November 1, 2010, and end on January 31, 2011.
The IRS is currently implementing the recommendations in Publication 4832,“Return Preparer Review,” which was published on January 4, 2010. As part of the
implementation, the IRS published regulations that require all individuals who apply for or renew a PTIN to pay a $50 user fee, plus a separate fee of $14.25 to the vendor (TD
9503). A portion of the costs to the government to process a PTIN application or renewal, which are recovered by the $50 user fee, overlaps with the costs to the
government to process an initial enrollment or renewal of enrollment application. The Treasury Department and the IRS anticipate that the enrolled agent initial enrollment
and renewal of enrollment user fees may be substantially reduced in the future. To ensure that the revised user fee to renew enrollment as an enrolled agent is
effective before the start of the next renewal period, the IRS is delaying the upcoming renewal period for enrolled agents whose social security numbers or tax identification
numbers end in 4, 5, or 6 until further notice. When a date for the renewal period is determined, the IRS will publish a schedule for affected enrolled agents to renew their
enrollment in the Internal Revenue Bulletin and on the IRS Office of Professional
Responsibility (OPR) webpage at http://www.irs.gov/taxpros/agents/index.html. This schedule will be published at least 30 days prior to the beginning of the revised period
for enrollment. Affected enrolled agents will have at least 60 calendar days but no more than 120 calendar days under the revised renewal of enrollment schedule to submit the required applications for renewal. OPR will not accept or process applications for renewal of enrollment until the period for renewal of enrollment is announced in the Internal Revenue Bulletin and on the OPR webpage. This delay will not impact an affected enrolled agent’s current status as an enrolled agent in good standing. Also, this delay will not affect the number of hours of continuing professional education required for renewal or the time period within which these hours must be completed.
Continuing Education Hours: Period for measuring CPE - - New Circular 230 regulations,effective September 26, 2007, changes the period for measuring continuing professional education (CPE).
The new regulations provide that the enrollment year runs from January 1 through December 31. The impact for enrolled agents whose Social Security Numbers end in a 4, 5 or 6 is that they must complete their 72 hours by December 31, 2007. Under the prior regulations, these individuals would have until March 31, 2008, to complete these hours.
The Office of Professional Responsibility (OPR) will be flexible in interpreting these regulations with respect to those individuals who have not completed all 72 hours by December 31, 2007. Enrolled agents who have not completed all 72 hours by December 2007 may attach a note to the Form 8554, Application for Renewal of Enrollment to Practice Before the Internal Revenue Service, stating that they needed additional time to compete their 72 hours. The note should indicate the number of hours that were completed between January 1, 2008, and March 31, 2008, that will be applied to the prior cycle. Enrolled agents who do not have the requisite 72 hours completed by December 31, 2007, have until March 31, 2008, to complete these hours and mail in Form 8554. Enrolled agents who earn CPE credit between January 1, 2008, and March 31, 2008, and apply hours to the prior cycle may not count these same hours again for the enrollment cycle which begins on January 1, 2008.
* Ethics CPE - Enrolled agents whose Social Security Number ends in a 4,5 or 6 and who have difficulty meeting the new Circular 230 CPE requirements on ethics can apply for a waiver pursuant to Circular 230 section 10.6(j).
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