What is a chartered tax professional?
The Chartered Tax Professional (CTP) designation is a high-demand certification and the undisputed professional credential for individuals advising clients on income tax situations. This designation demonstrates you have in-depth, comprehensive knowledge of the tax code and can help almost anyone complete their tax returns correctly and optimally.
Professionals who complete the CTP program are highly skilled in tax preparation, planning, and compliance. They are experts in tax law and regulations and can advise on a wide range of tax-related issues.
What is the average tax preparer salary?
According to Indeed, the average tax preparer salary is $43,695 per year, with salaries ranging from $22,437 to $85,091.
Once I complete the course, how will I receive my Chartered Tax Professional certificate?
Once you have successfully completed each course module (and your final exam has been graded), you will need to fill out the Request for Certificate of Completion. Your instructor will then provide you with a certificate of completion by mail. Your CTP certificate will be issued after you have completed all Chartered Tax Professional modules with an average grade of 80% or more and have documented the 500 hours of experience needed to qualify for the CTP designation.
When can I start the course?
This course is open enrollment, so you can register and start the course as soon as you are ready. Access to your course can take 24-48 business hours.
How long does it take to complete this course?
This course is self-paced and open enrollment, so you can start when you want and finish at your own pace. When you register, you'll receive eighteen (18) months to complete the course.
What if I don't have enough time to complete my course within the time frame provided?
The time allotted for course completion has been calculated based on the number of course hours. However, if you are unable to complete the course, contact the student advising team to see what options you may have available to work out a suitable completion date. Please note that an extension fee may be charged.
What kind of support will I receive?
Our courses are designed to accommodate various learning preferences. Depending on the course structure, you may get different forms of support. Self-paced courses are designed to be user-friendly and independent, minimizing the need for external support. In courses with instructors, our direct platform support feature includes opportunities for questions, discussions, and remediation, with email and phone support available for select courses. Our student advising team is available to guide you on program requirements and administrative requests, but they do not provide assistance with course content. Our goal is to provide you with the necessary support for success, whether it's through self-paced exploration, direct communication, or guidance from our advising team.
What happens when I complete the course?
Upon successful completion of the course, you will be awarded a Certificate of Completion.
Am I guaranteed a job?
This course will provide you with the skills you need to obtain an entry-level position in most cases. Potential students should always do research on the job market in their area before registering.
Can I get financial assistance?
This course is non-credit, so it does not qualify for federal aid, FAFSA and Pell Grant. In some states, vocational rehab or workforce development boards will pay for qualified students to take our courses. Additionally, some students may qualify for financial assistance when they enroll, if they meet certain requirements. Financing is available from select schools. Learn more about financial assistance.
How can I get more information about this course?
If you have questions that are not answered on our website, representatives are available via LIVE chat. You can also call us at 1-877-221-5151 during regular business hours to have your questions promptly answered. If you are visiting us during non-business hours, please send us a question using the "Contact Us" form.
Does this course qualify for Continuing Professional Education (CPE) credit?
Yes. The Income Tax School is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit:
Total: 165 CE hours
Are you approved by CTEC?
Yes. We have a California version of our CTP course that includes the curriculum approved by the California Tax Education Council (CTEC) for qualifying education required for tax preparers to become licenses to practice in California.
What course should I take to become a tax preparer in California?
The California CTP course is approved by CTEC as a qualifying course for California. There are additional requirements to become a tax preparer in California. Please visit the CTEC website for more information.
How would you compare your school to other tax schools?
The Income Tax School is certified by the State Council of Higher Education for Virginia (SCHEV) as a private career school and is subject to the same standards as Virginia colleges governed by SCHEV. We are also a sponsor of the National Association of State Boards of Accountancy (NASBA) to provide CPE for CPAs. We're approved by the Office of Professional Responsibility at the Internal Revenue Services as provider of qualifying continuing education for IRS Registration Tax Return Preparers (RTRPs) and Enrolled Agents (EAs). This approval does not extend to licensees of The Income Tax School.
The Income Tax School's programs were developed initially 19 years ago to recruit and train tax prepares for our multi-office practice in Virginia. Our curriculum is written and updated annually be experienced practicing tax professionals. All of the Income Tax School's programs are provided online in an interactive format with instructor support by email rather than by traditional home-study correspondence. We provide learning objectives, lesson quizzes with instructional feedback, and auto-graded exams. Although all of the student textbook content is online, we also provide a hard copy of the student text for convenience and future reference at no additional charge. Our programs are high-quality and are designed to provide students with the knowledge necessary to prepare tax returns professionally.
How does the course work?
In this course, you will read material, print out material, work through learning activities, review questions, quizzes and/or tests offline and plug in your answers online for automated grading. You need to complete each item in the order that it appears. You will need to complete each chapter in the order that it appears as well. This is a self-study/self-paced program within your course term.
What is taught in the course?
We teach students how to actually prepare tax returns manually, and we provide expert instructor support by email. Practical application by preparing actual tax returns results in the tax preparation knowledge being internalized and our quizzes and exams also serve to confirm student learning. You learn how to prepare returns without using tax preparation software with our tax courses. By preparing practice tax returns manually instead of having tax software do it for you, you will learn the tax laws and be prepared to correctly prepare tax returns. The tax returns that you are preparing are based on real-life scenarios. That enables you to internalize the knowledge and gives you a solid foundation you can continue to build on. We follow up with quizzes and an exam to make sure that the knowledge is really sinking in. You can download the quizzes and exam beforehand and prepare them of and input your answers online at your own pace when you are confident with your answers.
We teach tax preparation—not tax preparation to one particular software. This way, you can learn the art of tax preparation and apply it critically to different types of software. Remember: Software is only really as good as the operator who is using—if you don't have the knowledge, you won't know if you are asking the right questions.