New Legislation Prompts CTEC Changes in 2019
California Assembly Bill 3143 was signed into law last year with new provisions and requirements that extend the California Tax Education Council (CTEC) program until January 1, 2023. The "Tax Preparation Act" revisions will impact CTEC Registered Tax Preparers (CRTPs):
CRTPs Must Provide CTEC’s Website to Clients
Effective January 1, 2019, CRTPs must provide the CTEC website, www.ctec.org, to clients in writing prior to rendering tax preparation services. This is in addition to other information already required - the tax preparer’s name, address, phone number and bond number.
Disciplinary Actions Against CRTPs Made Public
Starting July 1, 2019, CTEC will post the following on its website:
Reporting Bond Claims
- All disciplinary actions taken against registrants by the Council, including, but not limited to misconduct that results in a suspension or revocation of a CRTP registration.
- A list of registrants on probation, including the misconduct that resulted in the probation and any terms of probation.
Starting July 1, 2019, CRTPs are required to report all paid claims against their surety bond to CTEC. CTEC is also required to post a notice of the paid surety bond claims on the CTEC website.