CTEC Registered Tax Preparers (CRTPs) who did not meet the October 31, 2014 renewal deadline have until January 15, 2015 to pay the $55 late fee and renew late.
To renew online, CRTPs will need:
• 20 hours of completed continuing education (10 hours of federal tax law, 3 hours of federal tax law updates, 2 hours of ethics and 5 hours of state)
• A valid PTIN from the IRS
• Current $5,000 surety bond
• Visa or MasterCard to pay the $88 fee ($33 registration fee, plus $55 late fee)
CRTPs who fail to meet the late renewal deadline will be required to start over, retake the 60-hour qualifying education course and register as a new tax preparer.
By law, CRTPs cannot prepare tax returns for a fee until their registration is current with CTEC.
WHY ARE THE CTEC REQUIREMENTS NOT ENFORCED WHEN YOU REPORT A NON LICENSED TAX PREPARER?
CTEC requirements are enforced when an unregistered tax preparer is reported. Is there a specific case you are referring to? All reports submitted through the CTEC website are investigated and, if needed, pursued by the Franchise Tax Board.