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IRS to Refund Test Fees for RTRP Credential Holders

By NSA Admin posted 05-21-2015 12:45 PM

  

IRS announced that the RPO is refunding the test fee to all RTRP holders who passed the exam to receive this credential. Letters will go out to the preparers on May 28. Checks will be mailed on June 2, 2015. The checks will be mailed to the address on the PTIN file. The list has already been pulled so addresses cannot be updated at this point.  

Checks to be issued is approximately 89,000 preparers, totaling approximately 10 million dollars.  There will be procedures and additional staff allocations to handle questions and phone calls from preparers who took test. 

Additionally, the RTRP credential will no longer be recognized by the Service however, no efforts will be made to penalize preparers who continue to use it.

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