Ptin Courses Approved By Irs

PTIN courses approved by the Internal Revenue Service (IRS) are designed to help prepare tax professionals to accurately prepare federal tax returns and schedules. To be approved by the IRS, a course must have content designed to train individuals in the methods needed to prepare, accurately, federal and state income tax returns according to a high standard of professional practices and in compliance with rules, regulations and precedents set forth by the IRS. All PTIN courses must include a focus on the use of new technologies and up-to-date research, as well as an in-depth exploration of relevant tax principles and the ethical implications of tax practice. Additionally, course content should include the process for applying for a PTIN and the requirements for renewing or replacing a PTIN number. In order to be approved by the IRS, a course must also be approved by one of four recognized organizations: the National Association of Tax Professionals, the National Society of Tax Professionals, the National Association of Enrolled Agents, or the American Institute of Professional Bookkeepers. The IRS requires that PTIN courses are taught by qualified instructors who are college professors or long-time tax professionals who are members of one of the recognized organizations. The instructors should be qualified to teach advanced tax topics, such as individual and business taxes, estates and trusts, and tax law. It is important to note that PTIN course approval only applies to the course content and does not guarantee the need or the ability of the instructor to deliver the information in an engaging manner. Learning complex tax material can be quite difficult and thorough understanding of the material is needed in order to correctly complete tax returns.