In response to a notice for written comments from the IRS, NCTC issued official comments on the approval process for continuing education providers and provider accrediting organizations in relation to the ongoing implementation of new paid preparer regulations.
The following comments were submitted by NCTC to the IRS on August 17, 2011 in response to an official request for comments on the approval process for continuing education providers and the accrediting organizations of these providers.
The comments focus on a need for continuing education providers to demonstrate their practical knowledge and skills of both tax law and their abilities to address the needs of our nation’s low-income taxpayers. NCTC also recommends the IRS consider a fast-track process for approving VITA programs as providers as well as an approval process for national and regional coalitions of VITA programs with proven training records to serve as accrediting organizations. Read the rest of this entry