Click on your specific designation for information:

Enrolled Agent • LTC/LTPs • CFP • Certified Management Accountant
Accredited Tax Advisor/Preparer • Certified Internal Auditors

If you have any questions regarding your CPE requirements, please call PES at 1-800-990-2731.

Are you an Enrolled Agent (EA)?
Do PES courses qualify for EAs? YES!!

PES courses qualify for Enrolled Agent continuing education.
PES sponsor approval code: #451

Information For Referrals:
Office of Professional Responsibility
Internal Revenue Service
1111 Constitution Ave., NW
Washington, DC 20224
Phone: (202) 622-6750
CPE Contact: Michael Hahn
Website: www.irs.gov/taxpros/agents/index.html
Email: michael.j.hahn@irs.gov

CPE REGULATIONS AND RENEWAL INFORMATION:

Applications for renewal will be required to be submitted between November 1 and January 31st of every third year (based on the last digit of your Social Security Number). At that time you will need to report the following CPE requirements:

• a minimum of 72 hours of continuing education credit must be completed during each three year period (known as an enrollment cycle) - the three calendar years immediately preceding the renewal deadline
• a minimum of 16 hours of continuing education credits, including 2 hours of ethics or professional conduct, must be completed in each calendar year of the enrollment cycle

The current renewal cycles are listed below based by the last digit of your social security number:

• 0, 1, 2 or 3 - the next renewal submission is between November 1, 2009 and January 31, 2010 and they will report CPE for the calendar years 2007, 2008 and 2009
• 4, 5, or 6 - the next renewal submission is between November 1, 2010 and January 31, 2011 and they will report CPE for the calendar years 2008, 2009, and 2010
• 7, 8, or 9 - the next renewal submission is between November 1, 2011 and January 31, 2012 and they will report CPE for the calendar years 2009, 2010, 2011

ETHICS REQUIREMENT:

• 2 hours of ethics each calendar year.
  
• Course #4525: Ethics and Professional Responsibility for Enrolled Agents was written specifically for EAs; however all other state ethics courses and general ethics courses like #4200: Ethics and the Tax Professional are fine too.
  

ACCEPTABLE AREAS OF STUDY:

To qualify: ".... designed to enhance the professional knowledge of an individual in Federal taxation or Federal tax related matters, i.e. programs comprised of current subject matter in Federal taxation or Federal tax related matters to include accounting, tax preparation software and taxation or ethics."

The courses listed on the Enrolled Agent Approved CPE page currently qualify for Enrolled Agents cpe.

PLEASE NOTE: In our general catalog specific categories of courses and or specific courses will state: not available for EAs. (e.g. Management Advisory Services, Business and Industry, Computer Applications)

CPE DUE BY:

Triennially - expiration is dependent on staggered renewal dates based on the last digit in the licensee's social security number.

Enrollment periods are for a term of three years with the effective dates being April 1, of the year they renew to March 31st, three years later. For example April 1st, 2008 to March 31st, 2011.

SELF STUDY CREDIT HOURS:

PES credits are granted based on the AICPA and NASBA statement of standards of one credit for every 50-minutes of study time. The Office of Professional Responsibility will recognize the same credit calculation for Enrolled Agents.

MAXIMUM ALLOWABLE SELF STUDY CREDITS: 100%

If you have any questions regarding your CPE requirements, please call PES at 1-800-990-2731 or the Director of Practice. Updated 11/5/2009.

(PLEASE NOTE: Since licensing regulations are constantly changing, the information contained here is deemed reliable however it is not guaranteed. We encourage you to contact the Director of Practice to answer any questions and confirm or clarify any requirements listed here.)

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Are you a Licensed Tax Consultant (LTCs) or Licensed Tax Preparer (LTPs)?
Do PES courses qualify for LTCs and LTPs? YES!!

Information For Referrals:
State Board of Practitioners
3218 Pringle Rd SE, Ste. 120
Salem OR 97302
Phone: (503) 378-4034
CPE Contact: Jane Billings
Website: www.oregon.gov/OTPB

Board approval has been granted for:

4200: Ethics and the Tax Professional
4525: Ethics & Professional Responsibility for Enrolled Agents
5035: Plan Your Estate* (LTC/LTP Approved Credits: 12)
5115: Car, Travel & Entertainment, and Home Office Deductions
5125: Tax Benefits for Education Including 529 Plans
5135: Limited Liability Companies
5155: Choice of Entity
5165: Residential Rental Property
5175: Individual Retirement Arrangements
5180: Corporate and Partnership Income Taxation
5185: Estate and Trust Income Taxation
5190: Hiring Independent Contractors
5205: Income Taxes for Churches, Religious Organizations and Ministers and the text Income Tax Guide for Ministers
5225: Taxation of Pension and Annuity Income
5255: Like-Kind Exchanges and Other Sales
5300: Individual Income Tax
5470: Financial Planning: Investment Strategies and Vehicles
5475: Small Business Taxation
5480: Alternative Minimum Tax
5505: Tax Issues and Consequences in Financial Planning* (LTC/LTP Approved Credits: 20)
5550: Today's Cafeteria Plans
5565: An Accountant's Guide to Trusts
5600: Living Trusts: Fact and Fiction
5605: Stock Options
5610: Divorce and Taxes
5625: Taxation of Investment Income and Expenses
5630: Real Estate Tax issues
5635: Taxation of Retirement Planning Products
5640: Death and Taxes
5680: Medical and Health Savings Plans
5705: Roth IRAs
5730: IRS Tax Resolution* (LTC/LTP Approved Credits: 9)
5810: Partnership General Tax Information
5835: Introduction to Tax Exempt Organization
5850: Quicken 2009
5855: QuickBooks 2009
5880: Tax-Exempt Organizations: Issues and Return Preparation
5885: Tax Implications for the 2009 Stimulus Bill* (LTC/LTP Approved Credits: 3)
6025: Dividends, Corporate Distributions, and Other Income Taxation
6030: Charitable Contributions & Misc Deductions
6070: Taxation of Owner's Distribution
6075: Termination / Dissolution of Business Entities

LICENSE RENEWAL INFORMATION:

• 30 credits during the 12 months prior to each license year.
• The continuing education requirement is waived for the first renewal.

LICENSE TERM AND EXPIRATION:

• Tax preparer licenses expire annually September 30th
• Tax consultant licenses expire annually May 31st

ACCEPTABLE AREAS OF STUDY:

• Taxation

CPE DUE BY:

• On renewal date

SELF STUDY CREDIT HOURS:

The website reflects the number of credits granted for the course per the AICPA and NASBA (National Association of State Boards of Accountancy) statement of standards. CPE credit measurement is based on the guidelines of one credit for every 50 minutes.

ACCEPTABLE AREAS OF STUDY:

The following general subject matters are acceptable: taxation; practitioner ethics; accounting and payroll theory directly related to taxation; estate, tax or investment planning; computer technology; and others, if the licensee can demonstrate a direct relationship to the preparation of a client's income tax returns.

If you have any questions regarding your CPE requirements, please call PES at 1-800-990-2731 or the State Board of Practitioners. Updated 6/19/09.

(PLEASE NOTE: Since licensing regulations are constantly changing, the information contained here is deemed reliable however it is not guaranteed. We encourage you to contact the Director of Practice to answer any questions and confirm or clarify any requirements listed here.)

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Are you a Certified Financial Planner (CFP)?
Do PES courses qualify for CFPs? YES!!

Board Information For Referrals:

Certified Financial Planner Board of Standards
1425 K St, NW, Ste 500
Washington, DC 20005
Phone: 800-487-1497
Fax: 202-379-2121
Website: www.cfp.net
Email: CESponsor@CFPBoard.org

LICENSE RENEWAL INFORMATION:

• 30 hours of CPE every 2 years.
• A minimum of 2 of the 30 hours needs to be a pre-approved CFP BoardÕs Code of Ethics and/or Practice Standards Course. The remaining 28 hours can be from any course that falls into the boardÕs acceptable areas of study.

LICENSE TERM AND EXPIRATION:

• Biennially - based on birth month/year

SELF STUDY CREDIT HOURS:

Effective 1/1/2009: The CFP regulations have changed - the change states that courses must have 10 questions for each credit. Therefore, since NASBA / AICPA standards only require 5 questions per credit, effective 1/1/2009 our courses will be worth 1/2 the amount of listed credit for CFPs.

What does this mean for our clients? Overall, there should not be a negative impact but there will be some confusion. Most CFPs are also licensed as CPAs and since CPAs are required to take more CPE, most CFPs will still fulfill their CE requirement simply by completing the CPE they need for their CPA license. For example:

CA CPA requires 80 hours every 2 years. CFP requires 30 hours every 2 years. Therefore if a CPA completed 80 hours of PES CPE, even if it is worth only 1/2 that amount (40) for their CFP license - that amount exceeds the required amount of 30 credits.

SPONSORSHIP APPROVAL:

Certificants must take continuing education from a sponsor registered specifically with the CFP Board. Programs from a non-registered CE sponsor will not be accepted for credit by the CFP Board. Professional Education Services, LP is a registered sponsor with the CFP Board. PES courses listed on the Certified Financial Planner Approved CPE page are currently listed as "approved" for CFP continuing education. You can confirm that PES is listed on the Board's site and review our approved program by going to www.CFP.net and clicking on the continuing education sponsor link.

ACCEPTABLE TOPICS OF STUDY:

Financial Planning Process, Risk Management, General Principles, Investment Vehicles, Insurance Policies and Strategies, Investment Theory and Strategies, Tax Planning Considerations, Government Plans, Tax Computations, Retirement Plans and Strategies, Tax Planning Strategies, Employee Benefits, Estate Planning Benefits and Strategies.

UNACCEPTABLE TOPICS OF STUDY:

Subject content pertaining to public accounting, computer hardware and software, marketing, practice management, sales, or specific company or product presentations, and informal discussion groups are not accepted.

CPE DUE BY:

• Last day of the CFP certificant's renewal month

If you have any questions regarding your CPE requirements, please call PES at 1-800-990-2731 or the Director of Practice. Updated 12/7/2009.

(PLEASE NOTE: Since licensing regulations are constantly changing, the information contained here is deemed reliable however it is not guaranteed. We encourage you to contact the Director of Practice to answer any questions and confirm or clarify any requirements listed here.)

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Are you a Certified Management Accountant?
Do PES courses qualify for CMAs? YES!!

Regulation states: "the subjects should be related to the topics covered on the CMA examination and/or to an individual's job responsibilities. Subjects which may qualify are: all aspects of accounting, business applications of mathematics and statistics, computer science, economics, finance, management, production, marketing, business law, and behavioral sciences." Programs presented by organizations which are registered with NASBA meet the requirements of continuing education for CMAs and CFMs. PES is registered with NASBA and has issued credits for CMAs without any problems.

Board Information For Referrals:
Institute of Certified Management Accountants
10 Paragon Drive
Montvale, NJ 07645-1760
Phone: 800-638-4427
Fax: 201-573-8438
Website: www.imanet.org

LICENSE RENEWAL INFORMATION:

• 30 hours of CPE every year. Including 2 hours of ethics.

CPE DUE BY:

• Same as license.

SELF STUDY CREDIT HOURS:

The website reflects the number of credits granted for the course per the AICPA and NASBA (National Association of State Boards of Accountancy) statement of standards. CPE credit measurement is based on the guidelines of one credit for every 50 minutes.

If you have any questions regarding your CPE requirements, please call PES at 1-800-990-2731. Updated 4/18/2008.

(PLEASE NOTE: Since licensing regulations are constantly changing, the information contained here is deemed reliable however it is not guaranteed. We encourage you to contact the Director of Practice to answer any questions and confirm or clarify any requirements listed here.)

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Are you an Accredited Tax Advisor (ATA) or Accredited Tax Preparer (ATP)?
Do PES courses qualify for ATAs and ATPs? YES!!

CPE programs given by sponsors who are registered with NASBA as a CPE sponsor are acceptable. PES is registered with NASBA and have issued credits for ATAs and ATPs without any problems.

Board Information For Referrals:
Accreditation Council for Accountancy and Taxation
1010 North Fairfax Street
Alexandria, VA 22314-1574
Phone: 703-549-2228
Fax: 703-549-2984
Website: www.acatcredentials.org

LICENSE RENEWAL INFORMATION:

The number of hours you need to earn depends on both the credential(s) you hold and your practitioner status as explained below.

Accredited Business Accountant/Advisor (ABA):

• 120 CPE units each three-year cycle
• 24 hours minimum in accounting and related subjects (such as finance, business management, computer science, or business law); AND 24 hours minimum in taxation; AND 4 hours in ethics. (If this credential is combined with the ECS, a minimum of 24 hours must be in eldercare subjects.
  

Accredited Tax Advisor (ATA):

• 90 CPE units each three-year cycle
  
• 86 hours in taxation or related subjects such as accounting, finance, computer science, business law or subjects that relate to your particular area of practice or employment. Four hours must be in ethics.
  

Accredited Tax Preparer (ATP):

• 72 CPEs each three-year cycle
• 68 hours in taxation or related subjects such as accounting, finance, computer science, business law, or subjects that relate to your particular area of practice or employment. Four hours must be in ethics.

Elder Care Specialist (ECS):

• 72 CPEs each three-year cycle
• 24 hours in eldercare issues such as retirements, Social Security, Medicare, long-term care, trusts and estates. The remaining hours can be in accounting, finance, computer science, business law or subjects that relate to your particular area of practice or employment. Four hours must be in ethics.
  

If You Hold Multiple Credentials:

If you hold more than one credential, you need to meet the CPE requirements of the "higher" credential... not the CPE requirements of both. For example, if you hold both the ABA and the ATP you need only demonstrate 120 hours in CPE units, not 210.

LICENSE AND CPE RENEWAL REPORTING PERIODS:

• Triennially
• The next expiration date is 6/30/2008.
• Current CPE cycle: July 1, 2005 - June 30, 2008.

SELF STUDY CREDIT HOURS:

The website reflects the number of credits granted for the course per the AICPA and NASBA (National Association of State Boards of Accountancy) statement of standards. CPE credit measurement is based on the guidelines of one credit for every 50 minutes.

If you have any questions regarding your CPE requirements, please call PES at 1-800-990-2731. Updated 4/18/2008.

(PLEASE NOTE: Since licensing regulations are constantly changing, the information contained here is deemed reliable however it is not guaranteed. We encourage you to contact the Director of Practice to answer any questions and confirm or clarify any requirements listed here.)

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Are you an Certified Internal Auditor?
Do PES courses qualify for ATAs and ATPs? YES!!

Regulation states: "overriding considering in determining whether a specific program is acceptable is that it shall be a formal program of learning which contributes directly to the professional competence of a CIA."

Board Information For Referrals:
The Institute of Internal Auditors
247 Maitland Ave
Altamonte Springs, FL 32701-4201
Phone: (407) 937-1100
Website: http://www.theiia.org

LICENSE RENEWAL INFORMATION:

• Practicing CIAs: 80 hours of CPE every two years.

LICENSE TERM AND EXPIRATION:

• Biennially

ACCEPTABLE AREAS OF STUDY:

Auditing/accounting, management and communication, computer science, mathematics, statistics, and quantitative applications in business, economics, business law, specific business topics such as finance, production, marketing and personnel, specialized industry areas such as government, banking, utilities, or oil and gas.

Activities other than those listed may be deemed acceptable if the CIA can demonstrate that they contribute to his professional competence.

CPE DUE BY:

Reported by 5/31 of the year determined by the certificate number.

• Even number certificate - reports in even years.
• Even odd certificate - reports in odd years.

The CPE reporting period is for the two calendar years immediately preceeding the renewal.

SELF STUDY CREDIT HOURS:

The website reflects the number of credits granted for the course per the AICPA and NASBA (National Association of State Boards of Accountancy) statement of standards. CPE credit measurement is based on the guidelines of one credit for every 50 minutes.

If you have any questions regarding your CPE requirements, please call PES at 1-800-990-2731. Updated 4/18/2008.

(PLEASE NOTE: Since licensing regulations are constantly changing, the information contained here is deemed reliable however it is not guaranteed. We encourage you to contact the Director of Practice to answer any questions and confirm or clarify any requirements listed here.)

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