CAA Continuing Education Requirements 3

Question 1

Which of the following CAA applicant types is generally required to submit fingerprint cards rather than relying on professional license verification?

Accepted Answer

A non-licensed individual such as a financial institution employee

Answer

Individuals without a qualifying professional credential (attorney, CPA, EA) generally must submit fingerprints for the suitability check.

Question 2

An Enrolled Agent who is also a CAA must meet which continuing education requirement to keep EA status?

Accepted Answer

72 hours every three years, with at least 16 hours per year including 2 hours of ethics

Answer

Enrolled Agents must complete 72 CE hours per three-year cycle, minimum 16 hours annually, including 2 hours of ethics each year.

Question 3

How long is a standard CAA agreement valid before renewal and updated training are required?

Accepted Answer

4 years

Answer

CAA agreements are generally valid for four years, after which renewal with current training documentation is required.

Question 4

A CAA firm's existing representative moves to a new firm that is also a CAA. What should happen regarding his training?

Accepted Answer

The new firm must list him on its own application and include his current training certificates

Answer

Authorized representatives are tied to a specific CAA agreement, so the new firm must add him with current training documentation.

Question 5

Why does the IRS require CAAs to keep their training current rather than completing it once?

Accepted Answer

Because ITIN document standards, procedures, and fraud patterns change over time

Answer

Updated training keeps CAAs current on changing ITIN procedures and new fraud indicators.

CAA - Certified Acceptance Agent Practice Test

CAA - Certified Acceptance Agent Practice Test

CAA Continuing Education Requirements 3