Students interested in advancing as a tax professional will now have the opportunity to earn a Certificate of Taxation at the University of Minnesota, Crookston. The certificate, offered through the Business Department, is available to students both on campus and online.
The certificate is designed to prepare the student for a career in tax preparation, including individual, farm, business, trusts, estates, payroll, estate taxes, etc. In addition, it prepares the student to pass the registered tax return preparer competency test.
The certificate also would appeal to non-licensed paid preparers and to individuals interested in a new career as a tax preparer. In order to complete the certificate, students will take classes in income tax, tax preparation, and accounting systems.
Effective January 1, 2011, all paid preparers of 1040 income tax returns are required to obtain a Preparer Tax Identification Number (PTIN) from the Internal Revenue Service (IRS) before preparing and filing tax returns. Current preparers will be issued a provisional PTIN, and have until the end of 2013 to pass the Registered Tax Return Preparer competency test administered by the IRS.
The Crookston campus offers a bachelor of science degree in accounting designed to provide students with both the theoretical and the analytical framework required to work effectively in public, private or governmental accounting. To learn more, visit www.umcrookston.edu/academics.