U of M, Crookston Business Department Offers Students Opportunity to Earn Certificate of Taxation
By ltollefs on
Monday, October 22, 2012
Students interested in advancing as a tax professional will now have the opportunity to earn a Certificate of Taxation at the University of Minnesota, Crookston. The certificate, offered through the Business Department, is available to students both on campus and online.
The certificate is designed to prepare the student for a career in tax preparation, including individual, farm, business, trusts, estates, payroll, estate taxes, etc. In addition, it prepares the student to pass the registered tax return preparer competency test.
The certificate also would appeal to non-licensed paid preparers and to individuals interested in a new career as a tax preparer. In order to complete the certificate, students will take classes in income tax, tax preparation, and accounting systems.
Effective January 1, 2011, all paid preparers of 1040 income tax returns are required to obtain a Preparer Tax Identification Number (PTIN) from the Internal Revenue Service (IRS) before preparing and filing tax returns. Current preparers will be issued a provisional PTIN, and have until the end of 2013 to pass the Registered Tax Return Preparer competency test administered by the IRS.
The Crookston campus offers a bachelor of science degree in accounting designed to provide students with both the theoretical and the analytical framework required to work effectively in public, private or governmental accounting. To learn more, visit www.umcrookston.edu/academics.
Today the University of Minnesota, Crookston delivers 26 bachelor's degree programs, 18 minors, and 39 concentrations on campus--as well as 10 degrees online--in the areas of agriculture and natural resources; business; liberal arts and education; and math, science and technology. With an enrollment of 1,800 undergraduates from 25 countries and 40 states, the Crookston campus offers a supportive, close-knit atmosphere that leads to a prestigious University of Minnesota degree. "Small Campus. Big Degree." To learn more, visit www.umcrookston.edu.