CTEC Renewals DUE October 31st

Thursday, October 26, 2023 - 0 comments

Registered as a tax preparer with CTEC? Reminder! If you plan to prepare tax returns for a fee during the 2024 tax season, you must renew your CTEC registration no later than October 31, 2023 to avoid late fees.

Registrants who fail to meet the renewal deadline will have until January 16, 2024 to pay the $55 late fee, plus $33 registration fee and renew late.

Failure to meet the late renewal deadline means you cannot prepare tax returns for a fee and will be required to register as a new tax preparer, which includes passing a background check and providing a fingerprint scan in addition to qualifying education requirements.

How do I renew online?

To renew online, click on the CRTP Login button located on the homepage. To renew, you must have:

• Basic personal information

• Current bond information and bond certificate - Bonds MUST be uploaded through your account on the CTEC website, as well as any reports made against the bond (see the blue box below for details regarding bond claims)

• 20 hours of continuing education (10 hours of federal tax law, three hours of federal tax law updates, 2 hours of ethics and 5 hours of state) already uploaded into the CTEC database

• A current IRS Preparer Tax Identification Number (PTIN)

• Visa or MasterCard to pay the $33 registration fee
   

What if my education has not been reported?

To renew online all of your education must be electronically reported to CTEC by your education provider. If your education is not showing up, call your education provider(s) to upload the hours into the system and make sure they have your valid CTEC ID number. Remember CTEC policy allows education providers 10 days from the date the course was completed to report hours earned so please plan ahead.

Is unused education from last year accepted?

CTEC’s registration cycle runs from November 1st through October 31st of each year, which means any education taken between those dates is good for the current registration cycle.

For example, did you complete a course on or after November 1, 2022? Any unused education completed from that date until October 31, 2023 can be used towards the new 2023/2024 CTEC renewal cycle.

If you let your previous 2021/2022 registration expire/lapse and you registered as a new tax preparer for 2022/2023, any continuing education you completed BEFORE the new CTEC registration, cannot be used towards the renewal registration requirements.  DO NOT COMPLETE CONTINUING EDUCATION PRIOR TO THE COMPLETION OF A NEW REGISTRATION.
 

PLEASE NOTE: CTEC education providers do not register you with CTEC. They are only submitting the education to CTEC. You have to take the final step to complete your registration with CTEC, which also includes paying the CTEC $33 renewal fee.

 

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REMINDER! REMINDER! 

CRTPs Now Required to Report Bond Claims 

Section 22250.1 of the Business and Professions Code
(h) On and after July 1, 2019, a tax preparer shall report a paid claim against its surety bond to the council, and the council shall post a notice of the claim on its internet website. Paid claims are self-reported.
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How to Report Bond Claims

Under your CTEC account there's an option to select "Add New Paid Bond Claim." You need to enter the information on this page if a client made a claim against your bond for any damage you reportedly committed; this includes fraud, dishonesty, misstatement, misrepresentation, deceit, or any unlawful acts or omissions.

If this is not the case, and you did none of the above - specifically, you have not had a claim against your bond - then your bond information does not need to be added on this page.  However, if a bond claim has been filed and meets the above description, the bond information must be included on the bond claim page.

If you have submitted a paid bond claim in error, you must remove the claim submission by selecting "Remove Paid Bond Claim."

 

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