Difference between types of return preparers
What is the
difference between return preparers?
|
Non-credentialed
preparer
|
AFSP*
|
EA†
|
CPA‡
|
Education
required
|
None
|
18 hours
|
None
|
5-year degree
|
Experience
required
|
None
|
None
|
None
|
1800 hours
|
Continuing
education hours required (per year)
|
None
|
15
|
24
|
40
|
Testing
requirement
|
None
|
3 hours/100 questions
|
10.5 hrs/300 questions
|
14 hours/107 questions and 8 simulations
|
Authorized
by
|
None
|
IRS
|
IRS
|
State Board of Accountancy
|
*AFSP = IRS
Annual Filing Season Program – certificate holder
†EA =
Enrolled Agent
‡CPA = Colorado
Certified Public Accountant
Comments
Post a Comment