How to Become a Chartered Tax Professional
2 Easy Steps to the CTP®:
Step 1 Successfully complete The Income Tax School series of 5 federal tax courses (One 60-hour foundation course in individual tax preparation, plus four additional 30-hour tax courses in advanced individual and small business tax law/preparation within 18 months. An average grade of at least 80% must be attained (our adult students average 90%+). Step 2 Meet the experience requirement of working at least two tax seasons (a minimum of 500 hours) as a tax preparer while in the program (prior tax preparation experience will count for experienced tax professionals who test out of the Comprehensive Tax Course). After completing the first tax course you’ll have the tax knowledge to prepare individual tax returns for almost all U.S. taxpayers and you can start working towards your experience requirement. Plus, you’ll start earning money!
The CTP® certificate program is unique because you have the opportunity to earn money as a tax professional while you study, and to also internalize the knowledge by applying what you learn.
By officially enrolling in the CTP® program, you will be eligible for a 10% discount on each additional income tax course after completing your first course in our tax school!
CTP® Experience Requirement
As you complete the series of courses that comprise the CTP® certificate program over the span of two tax seasons, you will need to accumulate 500 hours of experience as a tax professional to qualify for the prestigious Chartered Tax Professional designation. Your tax preparation experience requirement will be documented by preparing and submitting the Affidavit of Experience Requirement to The Income Tax School .
Finding a job to meet your experience requirement
With the tax knowledge you gain from the first foundational tax course — our Comprehensive Tax Course — you will be able to easily get a job with a local tax preparation firm, as long as you meet a tax firm’s employment criteria. Alternatively, you could become self-employed as a tax professional.
Your CTP® Designation Can Be Earned in Months
All CTP® courses are offered online and can be completed anywhere, anytime-24/7. The affordable tuition includes instructor support, plus a hard copy of each tax course student manual at no additional cost. The first course consists of twenty 3-hour lessons, which can be completed in 10 weeks or less (two lessons a week). The remaining four tax courses consist of ten 3-hour lessons and can be completed in 5-10 weeks (one or two lessons per week). The entire program can be completed in less than eight months, but you may take up to 18 months, during which time you also gain experience and earn money as a tax professional. Learn more about the 5 courses in this certificate program .
You will be awarded a CTP® certificate
Upon completion of each of the
courses, you will receive a Certificate of Completion with your continuing education hours listed. Once you complete the entire certificate program, you will be awarded a very impressive CTP® certificate and the designation of Chartered Tax Professional – CTP®.
Go one step further — Become an Enrolled Agent
After completing this comprehensive tax professional certificate program, you will be well prepared to handle almost any individual and small business income tax situations you encounter. You will also be ready to take the next step in your career as a tax professional by preparing for and taking the IRS enrolled agent (EA) exam. The EA designation is the most significant credential in the income tax preparation industry; even more relevant than the CPA designation.
CTP® graduates receive instructor support for one year after program completion!
Instructor support is restricted to course content, review questions, learning activities, quizzes and final exams taken. Instructors cannot assist with situations not covered in the program, nor can they provide advice or assistance in preparing tax returns for clients or other taxpayers. Extended instructor support is offered on a per course basis for courses which have 20 hours or more of instruction.
If you choose to take the IRS EA exam, you may want to prepare for it by taking an EA Exam Review through The Income Tax School at our special CTP® discount rate. See the latest news from IRS about IRS Enrolled Agents.
Special CTP® Bonus: Free Tax Practice Management Webinars…
Whether you are a tax business owner or work for one, this free bonus will be of great value to you or your employer. This unique webinar series is derived from our highly acclaimed Strategic Planning Retreat for Tax Business Owners. Upon completion of each one of the required tax courses in the CTP® program, you may choose one of the five webinars to view absolutely free! These webinars provide scores of best practices to effectively manage and grow a tax business. You will learn secrets of the national tax firms and best practices to build a highly successful tax business! View webinar descriptions
Continuing Education Requirements for the CTP ®
As a Chartered Tax Professional, you will have yearly continuing education requirements. Beginning with the year after you qualify as a Chartered Tax Professional, you must complete 15 hours of Continuing Education (CE) each year to maintain your CTP® status. The CE requirement for a CTP® can be completed through our tax school and our online tax courses. The CE reporting period is by calendar year, January 1 through December 31.
Chartered Tax Professionals must complete a total of 15 hours each year in the following categories:
- 9 hours of Federal Tax Law
- 3 hours of Ethics
- 3 hours of Federal Tax Law Updates