Tax Consultant Certification

Tax consultants will need to keep up on their certification for several reasons. The certifications show your clients that you understand the tax laws and have successfully worked with others in the past. Getting certified isn’t difficult, but you will need to follow some simple guidelines.

If you are a tax consultant, then it is a good idea to become certified. This will help you to have an easier time keeping up with tax laws and any other types of industry issues.

Agencies

There are only two different national agencies that will help you to become certified. There is the Accreditation Council for Accountancy and Taxation and there is the Institute of Tax Consultants. They provide tests that will help you to become certified as a tax consultant. Go through the latter to get your certification in partnerships, corporations, exempt and nonprofit organizations as well as gift and estate taxes. The former can provide you with certification to be a tax adviser or preparer, a business accountant who is certified themselves or a retirement advisor.

Qualifications

In order to qualify, you will need to send in your letter of recommendation. This letter has to be from a client or any tax preparer that can attest to your character and ability. You will also need to have graduated from a tax or accounting program. You need to have no less than three years experience working in this field. There will be four exams and you will need to pass at least three of them.

Renewing Certification

Every two years you will be required to go through continuing education coursework that will be about 60 hours. This will need to be done with the Institute of Tax Consultants. It will be required of you to go through another five hours of training for each different type of specialty.