Continuing Education Requirements of Tax Pros
IRS Circular 230 regulates the education requirements for Enrolled Agents
Subpart A Section 10.6
§ 10.6 Term and renewal of status as an enrolled agent
(2) Renewal period for enrolled agents.
(v) Thereafter, applications for renewal as an enrolled agent will be required between November 1 and January 31 of every subsequent third year
(e) Condition for renewal:
(2) For renewed enrollment as an enrolled agent or enrolled retirement plan agent —
(i) Requirements for enrollment cycle. A minimum of 72 hours of continuing education credit, including six hours of ethics or professional conduct, must be completed during each enrollment cycle.
(ii) Requirements for enrollment year. A minimum of 16 hours of continuing education credit, including two hours of ethics or professional conduct, must be completed during each enrollment year of an enrollment cycle.
(f) Qualifying continuing education —
(1) General —
(i) Enrolled agents. To qualify for continuing education credit for an enrolled agent, a course of learning must —
(A) Be a qualifying continuing education program designed to enhance professional knowledge in Federal taxation or Federal tax related matters (programs comprised of current subject matter in Federal taxation or Federal tax related matters, including accounting, tax return preparation software, taxation, or ethics); and
(B) Be a qualifying continuing education program consistent with the Internal Revenue Code and effective tax administration.
CONTINUING EDUCATION REQUIREMENTS for Certified Public Accountants in Ohio:
(per Accountancy Board of Ohio)
The basic continuing professional education (CPE) requirement to obtain or renew the Ohio permit is 120 credits over a three-year period. New CPAs holding the Ohio permit are required to report 40 credits over a two-year period. A new CPA licensed in 2011, for example, will have a continuing education reporting period of January 1, 2011 through December 31, 2012 and a requirement of 40 credits.
Continuing education is due on the license renewal date for all Ohio permit holders.
All continuing education reporting periods (24 and 36 months) begin on January 1 and end on December 31.
Continuing education may be earned in any field that contributes to a licensee's professional competence. Registered CPE sponsors agree to conform to the NASBA/AICPA CPE Standards, and this includes keeping appropriate documentation for CPE verification purposes.
Each licensee holding the Ohio permit is responsible for retaining appropriate documentation for all CPE credit claimed. There should be adequate support for completion and CPE credit claimed. Normally, a certificate of completion is issued by the program sponsor as proof of attendance/completion. Some sponsors issue a transcript that serves as documentation for all the programs taken by a licensee from that sponsor.
The following Ohio permit holders must earn 24 CPE credits in accounting or auditing:
- CPAs or PAs who work on financial reporting engagements.
- CPAs or PAs who perform financial reporting work outside public accounting while using the CPA designation ("regulated services").
The following Ohio permit holders must earn 24 CPE credits in taxation:
- CPAs or PAs who work on taxation engagements or provide tax advice to clients.
- CPAs or PAs who perform tax work outside public accounting while using the CPA designation ("regulated services").
All CPAs holding the Ohio permit must take 3 credits in professional standards and responsibilities ("PSR") each reporting period. CPE sponsors that wish to present courses in Ohio professional standards and responsibilities must register with the Board, submit all course materials and qualifications of the instructor or CPE program designers to the Board for review and approval.
A licensee may claim PSR credit for programs in the following four areas if the course is Board approved and documentation is retained: (1) the Ohio accountancy law and rules, (2) the accountancy law and rules of another state, (3) professional ethics for CPAs, or (4) ethical philosophy.
The Administrative Code reference is: http://codes.ohio.gov/oac/4701-15-02
CONTINUING EDUCATION REQUIREMENTS for Attorneys in Ohio: (per Supreme Court of Ohio) http://www.supremecourt.ohio.gov/LegalResources/Rules/govbar/govbar.pdf
SUPREME COURT RULES FOR THE GOVERNMENT OF THE BAR OF OHIO
RULE X. CONTINUING LEGAL EDUCATION
Section 3. Continuing Legal Education Requirements for Attorneys.
(A) Total credit hours. Each attorney admitted to the practice of law in this state and each attorney registered for corporate status pursuant to Gov. Bar R. VI, Section 3 shall complete a minimum of twenty-four credit hours of continuing legal education for each biennial compliance period.
(B) Professional conduct credit hours. As part of the minimum twenty-four credit hours of continuing legal education required by division (A) of this section, an attorney shall complete a minimum of two and one-half credit hours of instruction
|Profession||Renewal Period||Units (hours) Continuing Education Required||Units of Ethics per Year or Renewal Period||Units of Federal Taxation Related Topics Required|
|Certified Public Accountants (CPA) (Ohio specific)||3 Years||120||3||24 (if the CPA practices in tax)|
|2 Years||24||2 1/2||None|
|Enrolled Agents (EA)
(not state specific)
|3 Years||72||2 per year 6 minimum per renewal period)||66|