Announcement Marks First Organization to Receive IRS Qualified Accrediting Status NASHVILLE, TN (December 19, 2011) – The National Association of State Boards of Accountancy, Inc. (NASBA) announced today that NASBA and the National Registry of CPE Sponsors have been approved by the Internal Revenue Service (IRS) as a qualified accrediting organization under the IRS Registered Tax Return Preparer program. The news comes as a positive milestone for current National Registry sponsors. The IRS now requires Registered Tax Return preparers to obtain 15 hours of continuing education annually from qualified learning providers. Under the accredited classification, National Registry sponsors will only be required to complete a brief registration process with the IRS in order to obtain a continuing education provider number and course numbers, and will not be required to complete a separate approval process. “The National Registry of CPE Sponsors has long been regarded as the gold standard in the CPE market. We are pleased to have been recognized by the IRS as the first qualified accrediting organization under its new Registered Tax Return Preparer program,” said David A. Costello, CPA, President and CEO of NASBA. NASBA anticipates great demand for continuing education providers in a position to provide program offerings comprised of current subject matters in Federal taxation or Federal tax related matters, including Federal tax law updates and ethics or professional conduct. Currently, more than 400,000 registered tax return preparers are required to obtain 15 hours of CE annually (beginning January 1, 2012). Visit NASBA’s Learning Market website to obtain more information about the IRS Registered Tax Return Preparer program and registration process. See Full Media Advisory Contact:
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