What is an NTPI Fellow?
This designation is a mark of achievement from the National Tax Practice Institute (NTPI [r]), experts in representing and advocating for clients in their dealings with the IRS.
How does a tax practitioner become and NTPI Fellow?
The process of achieving the designation of NTPI Fellow is rigorous. NTPI Fellow designation means that you can be sure your tax professional has the highest level of expertise about all aspects of tax codes and regulations.
First, an applicant must enroll in the NTPI. To do so, he or she must be an Enrolled Agent, a CPA or an attorney. These are the only groups with full rights to represent you before the IRS, even if you cannot be present. They can also represent you with complications such as audits, collections or appeals.
Next, to earn NTPI Fellowship designation, candidates must complete an extensive three-level program of study, covering every aspect of tax law, codes and regulations, and more. They gain inside knowledge of the labyrinth of IRS codes, the complex structure of the agency and its internal regulations.
Once admitted, candidates study a wide range of important topics, such as:
- Communicating with the IRS
- Examination (introduction and advanced)
- Appeals (introduction, exam appeals, collection appeals and advanced appeals)
- Tax Research and Resources
- Criminal Investigation (introduction and advanced)
- Form 1040 Audits
- Innocent Spouse
- Freedom of Information Act
- Case Resolutions
- Trust Fund Recovery
- Liens and Levies
- Correcting Bad Actions of Clients
The entire process of earning NTPI Fellowship designation can take years. Those who embark on this commitment demonstrate that they value learning and that their standards are the highest. It isn’t surprising to find that NTPI Fellows usually exceed the IRS’ minimum standards for continuing education. In fact, many Fellows go even further, enrolling in the NTPI’s annual Graduate Level in Representation.
Why would you choose a tax professional who isn’t an NTPI Fellow?
There’s really no answer to this. You can never tell when you might find yourself grappling with the IRS, whether it’s an audit, an appeal, or just filing – because you never know. Don’t you want an insider’s insider, a verified expert, standing by your side?
*Enrolled agents are the only tax professionals licensed by the US Department of Treasury
– See more at: http://www.naea.org/education-events/national-tax-practice-institute/ntpi-fellow#sthash.qan0YFE1.dpuf