Don’t Let Compliance Slip Through the Cracks: Your 2024 Tax Pro Checklist
The clock is ticking! As the year winds down, it’s crucial to ensure your professional credentials are in good standing. Failing to meet compliance deadlines can lead to significant consequences, including restrictions on tax practice.
Here’s a quick checklist to help you stay on track:
- Annual Filing Season Program (AFSP):
- Complete the AFSP course and AFTR exam by December 31, 2024.
- Pronto Solution: AFSP/AFTR Program Information Here
- California Tax Preparer (CTEC):
- Obtain the AFSP designation by December 31, 2024.
- Renew your CTEC registration by January 15, 2025 (with late fee).
- Pronto Solution: CTEC 20 Hour Renewal Course Information Here
- Enrolled Agent (EA):
- Complete 72 credit hours of continuing education every three years, with at least 16 hours per year, including 2 hours of ethics.
- Pronto Solution: EA Enrolled Agent Program Information Here
- Note: The IRS is actively monitoring EA compliance, so it’s crucial to stay up-to-date.
Remember, completing your continuing education is just one part of the compliance puzzle. Don’t forget to:
- Renew your PTIN
- Register with state and local tax authorities
- Meet any other specific requirements for your tax base location
Feeling overwhelmed? We’re here to help! If you’re unsure about your specific compliance needs, reach out to our Pronto Tax Support Team. We can guide you through the process and ensure you’re ready to tackle the upcoming tax season with confidence.
Don’t be that tax pro who faces unexpected roadblocks. Take action today and secure your future.
