glasses-432902_1280RTRP stands for Registered Tax Return Preparer, a program/designation the IRS tried to get off the ground a few years ago.

The RTRP program would have required unlicensed tax preparers to pass an open-book exam before they could prepare tax returns.

The IRS was taken to court over this program, and they ended up losing a court battle. As a result, , the RTRP program has been shelved.

Further reading in the form of several editorials I wrote between 2012 and 2014:

And for more tax terms explained in (hopefully) simple terms, check out the Glossary page.

“This blog post, along with comments that may follow, should not be considered tax advice. Before you make final tax or financial decisions, please secure a professional tax advisor to give you advice about your unique situation. To secure Jason as your accountant, please click on the ‘Services’ link at the top of the page.”