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CTEC Tax Preparer Certification Exam Prep: Flash Cards, Exams of Tax Legislation and Financial Law

Pennsylvania Institute of Taxidermy IncTax Legislation and Financial Law

Prepare for the ctec (california tax education council) and other tax preparer certification exams with these flash cards. This study guide covers essential topics such as tax law, forms (w-2, w-4, 1040), filing processes, small business tax topics, and recent law changes. Key areas include ctec registration requirements, continuing education, client responsibilities, and consequences for non-compliance. Also covers the california consumer privacy act (ccpa) and the history of income tax in the u.s.

Typology: Exams

2025/2026

Available from 12/28/2025

TutorExpert01
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Tax Preparer Flash Cards Introduction –
Study for CTEC & Certification
What is the purpose of the 60-hour CTEC course? - ANSWER ✨✔---To educate preparers on tax
law, forms (W-2, W-4, 1040, etc.), filing processes, small business tax topics, and recent law changes.
Are review questions in the course graded? - ANSWER ✨✔---No, they are for practice only and are
open book.
What is required to pass the final exam? - ANSWER ✨✔---Score 70% (182/260 questions). It's open
book and unlimited retakes are allowed.
What happens after passing the course? - ANSWER ✨✔---You get a Certificate of Completion and
IRSTaxTraining notifies CTEC. You have 18 months to register with CTEC.
What must you complete to register with CTEC? - ANSWER ✨✔---Online application, Live Scan
background check, $5,000 bond, IRS PTIN, and pay $102 fee.
When does your CTEC registration expire if you register before November 1? - ANSWER ✨✔---It
expires October 31 of the same year.
How many hours of continuing education are required after initial registration? - ANSWER ✨✔---
20 hours per year from a CTEC-approved provider.
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Download CTEC Tax Preparer Certification Exam Prep: Flash Cards and more Exams Tax Legislation and Financial Law in PDF only on Docsity!

Tax Preparer Flash Cards Introduction –

Study for CTEC & Certification

What is the purpose of the 60-hour CTEC course? - ANSWER ✨✔---To educate preparers on tax law, forms (W-2, W-4, 1040, etc.), filing processes, small business tax topics, and recent law changes. Are review questions in the course graded? - ANSWER ✨✔---No, they are for practice only and are open book. What is required to pass the final exam? - ANSWER ✨✔---Score 70% (182/260 questions). It's open book and unlimited retakes are allowed. What happens after passing the course? - ANSWER ✨✔---You get a Certificate of Completion and IRSTaxTraining notifies CTEC. You have 18 months to register with CTEC. What must you complete to register with CTEC? - ANSWER ✨✔---Online application, Live Scan background check, $5,000 bond, IRS PTIN, and pay $102 fee. When does your CTEC registration expire if you register before November 1? - ANSWER ✨✔---It expires October 31 of the same year. How many hours of continuing education are required after initial registration? - ANSWER ✨✔--- 20 hours per year from a CTEC-approved provider.

What happens if you don't renew by January 15? - ANSWER ✨✔---You must restart the process: 60 - hour course, Live Scan, PTIN, and new bond. What must CRTPs provide to clients? - ANSWER ✨✔---Name, contact info, bond info (company, number, dates), and CTEC website address. What are the consequences of preparing taxes without CTEC registration? - ANSWER ✨✔---$2,5 00 fine first year; $5,000 each following year if still not registered. What is the purpose of the California Consumer Privacy Act (CCPA)? - ANSWER ✨✔---Gives consumers control over personal data collected by businesses; businesses must respond to requests within 45 days. When did income tax start in the U.S.? - ANSWER ✨✔---1913 with the ratification of the 16th Amendment, but its roots go back to 1861. How are new tax laws introduced? - ANSWER ✨✔---They originate in the House Ways and MeANSWER Committee and must be approved by both House and Senate. When did April 15 become the tax filing deadline? - ANSWER ✨✔--- 1954 How did the IRS get its name? - ANSWER ✨✔---In the 1950s, the Bureau of Internal Revenue was renamed to the Internal Revenue Service (IRS).