|November 2010 Newsletter Issue No. 1005|
Hello, and welcome to our November Newsletter . Congratulations to those who met the continuing tax education requirement imposed by CTEC. For those who didn't, it is still not too late. October 31st is on a Sunday, therefore,the deadline has extended to midnight November 1st. Platinum Professional Services will be reporting your completion of the course to CTEC hourly. If you do not make the deadline the late fee is $40.00.
We have gotten many calls regarding the IRS's Competency Exam. All paid Tax Preparers must have PTIN assigned. If you do it prior to December 31st you have until 2013 to pass the exam, but you can still prepare taxes for compensation. If you do not get a PTIN number prior to December 31st you can not prepare taxes for compensation until you pass the exam. We hope that clears up some confusion. Please make sure to read below as well as visit our website under IRS Guidelines for important changes for Tax Preparers.
Notaries, the current timeframe for processing notary public applications has been increased to 10 to 12 weeks. Renewing notaries should begin the reappointment process at least six months prior to the expiration date of their current notary public commission. The notary public exam is valid for a period of one year, so applicants can start the reappointment process up to a year prior to the expiration date of their current commission. Also, once the application process has been completed and the applicant has met all the requirements for reappointment, the Secretary of State will issue the new commission no earlier than 30 days prior to the expiration date of notary public's current commission.
Our courses offer the following features:
Immediate, online grading and feedback on tax course answers.
Your Certificate of Completion (Tax) and/or Proof of Completion (Notary) is e-mailed to you immediately following the successful completion of the course.
No need to mail or fax anything to us and absolutely no need to wait for your certificate to be mailed to you.
Platinum Professional Services