The IRS Is Deeply Concerned and So are Tax Professionals

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What is happening is hundreds of thousands of tax professionals who mustpass the IRS's new RTRP Test in order to provide tax services for pay, have notdone so. Most of us are thinking, no big deal we don't have to have to pass thetest until December 31, 2013. True, but wrong. It is a seriously big deal.
 
What will happen is that there will be an average of 22,000 taxprofessionals trying to take the test each month, and there is not enoughtesting seats in order for all of us to take the test by the deadline.
 
I'm not sure what other tax professionals are doing, but I’m studying, afterhours to make sure that I know each detail involved with each tax code. I'm not sure about theother tax professionals, but for over 12 years, I relied on the professionaltax software to remember the hundreds of new tax laws which were voted on byCongress each year.

I fully realized that taxes is actually tax law, which is made up of tax codes.

 I spent my time focusing on tax planning, legal tax loopholes, positive cashflow for tax payers and the articles which I write for online circulation. Istudied the necessary tax codes to be correct in the articles, but relied on theprofessional software when working. (In the State of California, you have to attend classes every year in order to renew your tax certification – so we can usually lookat a return and tell if the software make an error)
 
The test is open book, but there are 120 questions and there is notenough time to look up answers if you don't know them off the top of your head.Tax Law is complicated at best. Taking this test is no joke for any of us. Wemust buckle down and learn the exact formulas, codes and conditions for everymajor tax law involving personal income tax returns.
 
Below you will find the beginning of an article which was sent out byTaxPro. It explains the IRS's concerns and shares provides information state by state:

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All non-exempt paid tax return preparers must, among other requirements, pass the one-time open-book test by Dec. 31, 2013. Totals reported recently reveal that an average of less than 1 percent of paid tax preparers who need to take the Registered Tax Return Preparer test have passed it so far -- lending weight to IRS warnings that preparers who wait until the last minute to schedule their tests risk running headlong into overbooked exam centers.
Among IRS-supplied testing totals reported in various states: continue article