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New York has required professional tax preparers register with the state for several years now. However, they are moving into the regulation arena with this announcement:

Basically, existing preparers will have to take a competency exam and 4 hours CE each year. New preparers will need 16 hours to begin.

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From the consumers standpoint I can see some pros and cons with this requirement. What do the professionals think about it? Does it affect the VITA and TCE preparers?

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