New York State Announces Tax Pro Regulation

I will write more about his in a post soon.  

With the final defeat of Loving, New York State has moved forward with both a Tax Professional Competency Exam and a requirement for Tax Pros to earn 4 hours of continuing education each year. New York had plans (outlined in the Tax Preparer Task Force Report) as late as 2011 to require continuing education, but delayed implementation in order to not create a second regulatory framework against the federal RTRP requirements.  

Enrolled agents, CPAs and Attorneys are exempt from the New York testing and Tax Pro continuing education, although the other requirements of maintaining the respective professional license remain unchanged.

Here is a link to the NY announcement.