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• The Maine Tax Practitioner Institute holds workshops at three convenient locations throughout Maine. It is designed for the professional tax practitioner and others who wish to stay current with Federal tax regulations. Augusta SCORE coordinates these workshops with the Internal Revenue Service. Specialists in the field of taxation will make the presentations and stand ready to answer your questions.
• Our fee this year will be $130 which is a small increase of $5 covering increases to our costs.
• This year attendees will be provided with two workbooks which are included as part of the fee: Federal Tax Workbook “Tax Update and Ethics" and “Entities and Advanced 1040 Issues".
• We will be including State tax issues this year and will be able to stay within the Federal Continuing Education guidelines and still offer 8 IRS Continuing Education credits to assist attendees in fulfilling the IRS requirements. We will provide 2 hours of tax law update, 4 hours of other tax law education and 2 hours of ethics and professional responsibility matters.
• A certificate awarding eight IRS Continuing Education Credits will be presented to attendees completing the workshop.
• The IRS has allowed us to upload attendance data to them for all attendees providing us with a PTIN and who are in good standing with the IRS CEP regardless of the legal situation described below.
• The Maine Tax Practitioner Workshop has been approved by the Maine Overseers of the Bar for continuing education credits and all certificates will note this.
• We believe that the Maine Tax Practitioner Workshop also qualifies for continuing education credits for CPAs under Chapter 5 Section 9(A)(1)(f) of the Rules of the Maine Board of Accountancy Click here to download the rules.
• Treasury Department Circular No. 230 specifies that continuing education credits must be obtained from IRS approved Continuing Education Providers. Click here to visit the IRS website for information about education requirements for tax preparers.
•As of Friday, Jan. 18, 2013, the United States District Court for the District of Columbia has enjoined the Internal Revenue Service from enforcing the regulatory requirements for registered tax return preparers. In accordance with this order, tax return preparers covered by this program are not currently required to register with the IRS, to complete competency testing or secure continuing education. The ruling does not affect the regulatory practice requirements for CPAs, attorneys, enrolled agents, enrolled retirement plan agents or enrolled actuaries.