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First test results are in for tax return preparers

by on
in Small Business Tax

First test results are in for tax return preparers who took the new tax return preparer competency test in 2011. (IRS News Release 2012-32)

The 120-question test has a perfect score of 500. Preparers must score 350 or higher to pass. Those who pass the test and a tax compliance check will be a “Registered Tax Return Preparer.”

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