Top 11 Tax Attorney Certifications
Updated 18 min read
Certifications are important for tax attorneys in the job market because they demonstrate that the attorney is knowledgeable and competent in the field of tax law. Certification shows potential employers that an individual has taken the extra step to become knowledgeable about a particular area of law, and this can be a major asset when applying for jobs. Furthermore, certifications provide assurance to clients that their attorney is up-to-date on current tax laws and regulations, which can help build trust in their relationship. Finally, certifications can also open doors to new career opportunities such as teaching or consulting positions.
This article reviews top certifications for Tax Attorneys and explains how they can help to advance a tax attorney's career.
What are Tax Attorney Certifications?
Tax attorney certification is a specialized certification that tax attorneys can obtain to demonstrate their expertise in tax law. This certification is offered by the National Association of Tax Professionals (NATP) and requires rigorous testing and continuing education requirements. To become certified, an attorney must pass an examination that covers a wide range of topics related to federal taxation.
By obtaining this certification, tax attorneys are able to demonstrate their knowledge and experience to potential clients and employers. This can help them stand out from other attorneys and give them greater credibility when providing legal advice on tax issues. Additionally, the certification can provide attorneys with access to exclusive resources such as webinars, seminars, and other educational opportunities. Finally, having this designation may also open up job opportunities or increase the likelihood of being hired for certain positions within the legal field.
Overall, becoming certified as a tax attorney can be beneficial for both experienced professionals looking to further their career in this field and those just starting out who want to prove their expertise in this area.
Pro Tip: Make sure to research the qualifications of any potential tax attorney you are considering. Look for certifications from the American Bar Association or other organizations that specialize in taxation to ensure they have the knowledge and experience necessary to provide quality legal advice.
Related: What does a Tax Attorney do?
Top 11 Tax Attorney Certifications
Here’s our list of the best certifications available to Tax Attorneys today.
1. Certified Tax Law Specialist (CTLS)
A Certified Tax Law Specialist (CTLS) is a professional designation awarded by the American Bar Association (ABA). This certification recognizes attorneys who have demonstrated expertise in tax law and related areas. To become certified, an attorney must meet certain educational and experience requirements, pass an exam, and maintain their certification through continuing education.
To be eligible for the CTLS designation, an attorney must have at least five years of experience practicing tax law or related fields, including estate planning, corporate taxation, international taxation, or employee benefits. The applicant must also have completed at least 45 hours of continuing legal education in tax law over the last three years.
The CTLS exam is administered twice a year and consists of 200 multiple-choice questions covering topics such as federal taxation, state taxation, business transactions, estate planning and more. The exam takes approximately four hours to complete and costs $495 to register for the exam.
Once certified, attorneys are required to complete 30 hours of continuing legal education every three years in order to maintain their CTLS status. There is also an annual fee of $150 to maintain certification.
2. Certified Tax Resolution Specialist (CTRS)
A Certified Tax Resolution Specialist (CTRS) is a professional designation that certifies individuals who specialize in resolving complex tax issues. The CTRS designation is awarded by the National Association of Tax Professionals (NATP).
To become a CTRS, applicants must complete an approved training program and pass an exam. The training program covers topics such as tax law, IRS regulations, taxpayer representation, and negotiation skills. It typically takes three to six months to complete the training program and pass the exam.
The cost of becoming a CTRS varies depending on the provider of the training program, but it can range from $1,000 to $4,000 or more.
Once certified, CTRS professionals are required to maintain their credentials through continuing education. They must also adhere to ethical standards set forth by NATP.
3. Certified Public Accountant (CPA)
A Certified Public Accountant (CPA) is a professional designation granted to individuals who have met the education, examination, and experience requirements of the state in which they are licensed. CPAs are qualified to provide a wide range of accounting services, including auditing financial statements, preparing tax returns, and providing financial advice.
To become a CPA, you must meet the educational requirements set forth by your state board of accountancy. Generally, this requires earning a bachelor’s degree from an accredited college or university with a major in accounting or a related field. Additionally, you must complete 150 semester hours of college credit before taking the Uniform CPA Examination administered by the American Institute of Certified Public Accountants (AICPA).
The exam consists of four sections: Auditing & Attestation; Business Environment & Concepts; Financial Accounting & Reporting; and Regulation. Each section is four hours long and tests your knowledge on various aspects of accounting principles and practices. Depending on your state’s requirements, you may also need to complete additional coursework or pass an ethics exam before becoming certified.
The cost for taking the CPA Exam varies depending on where you live but typically ranges from $200-$400 per section. Additionally, there may be fees associated with applying for licensure in your state such as application fees and background check fees.
Overall, it can take up to two years to become a CPA depending on how quickly you complete all the necessary steps.
4. Accredited Tax Advisor (ATA)
Accredited Tax Advisor (ATA) is a professional designation that recognizes individuals who have achieved a high level of expertise in the field of taxation. The ATA designation is awarded to those who have completed an intensive course of study, passed an examination, and met other requirements as set forth by the Accreditation Council for Tax Advisors (ACTA).
The ATA course of study consists of three parts: 1) tax fundamentals; 2) tax law and regulations; and 3) tax planning and preparation. The course takes approximately one year to complete, depending on the student’s commitment and pace. Those who successfully complete the course are eligible to take the ATA exam.
To become an ATA, applicants must meet certain eligibility requirements, including having at least two years of experience in the field of taxation or related fields, such as accounting or finance. Applicants must also pass a background check and provide proof of good character and moral standing.
The cost to become an ATA varies depending on where you take the course, but typically ranges from $2,000-$4,000 USD.
5. Enrolled Agent (EA)
Enrolled Agent (EA) is a federally authorized tax practitioner who has technical expertise in the field of taxation and is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service for audits, collections, and appeals. An EA must demonstrate to the IRS their competence in all areas of taxation, ethics, and representation rights.
To become an EA, applicants must pass a three-part comprehensive exam administered by the IRS or have five years of full-time experience as an IRS employee in positions such as revenue agent, revenue officer, or tax law specialist.
The exam consists of three parts: Part 1 covers individual taxes; Part 2 covers business taxes; and Part 3 covers representation, practice and procedures. The exams are offered twice a year at Prometric testing centers nationwide and take approximately 8 hours to complete.
The cost for taking the exam is $116 per part plus any applicable Prometric fees which can range from $50-$80 per part depending on your location. After passing all three parts of the exam you will need to submit an application to become an Enrolled Agent along with a fee of $30.
6. Certified Financial Planner (CFP)
Certified Financial Planner (CFP) is a professional designation given to individuals who have met certain educational, experience and ethical requirements set by the Certified Financial Planner Board of Standards. The CFP designation is the most widely recognized and respected financial planning credential in the world.
In order to become a CFP, an individual must first complete a bachelor’s degree from an accredited college or university. After completing their undergraduate degree, they must then pass the CFP Certification Examination, which consists of two parts: a written exam and a practical skills assessment.
The written exam covers topics such as investment planning, insurance planning, retirement planning, estate planning, tax planning and financial analysis. The practical skills assessment tests the candidate’s ability to apply concepts learned in the classroom to real-world situations.
It typically takes two to three years for an individual to complete all of the necessary requirements for becoming a CFP. This includes completing coursework related to financial planning topics such as investments, insurance, taxes and retirement plans; passing both parts of the CFP Certification Exam; meeting work experience requirements; and demonstrating adherence to ethical standards set by the CFP Board of Standards.
The cost for obtaining your CFP certification varies depending on where you take your courses and exams. Generally speaking, it can range anywhere from $2,000-$5,000 USD for tuition costs alone. Additionally, there are fees associated with taking both parts of the exam as well as annual renewal fees once you become certified.
7. Chartered Global Management Accountant (CGMA)
Chartered Global Management Accountant (CGMA) is a professional designation that recognizes the expertise of management accountants in providing strategic and financial guidance to organizations. The CGMA designation is offered by the American Institute of Certified Public Accountants (AICPA) and Chartered Institute of Management Accountants (CIMA).
The CGMA designation requires candidates to demonstrate their knowledge and skills in areas such as strategy, risk, finance, operations, and technology. Candidates must also have at least five years of experience in a related field.
It typically takes six months to one year to complete the requirements for the CGMA designation. Candidates must first pass an exam administered by CIMA or AICPA. Once they have passed the exam, they must then complete a minimum number of hours of continuing professional education (CPE) credits each year, as well as meet other requirements set out by CIMA or AICPA.
The cost for obtaining the CGMA designation varies depending on which organization you are applying through (CIMA or AICPA). Generally speaking, it can range from $400-$800 USD for the application fee and exam fee combined. Additionally, there may be additional costs associated with completing the required CPE courses if you choose to take them outside of your employer’s training program.
8. Chartered Tax Professional (CTP)
Chartered Tax Professional (CTP) is a professional designation for tax professionals who have completed a rigorous program of study and passed a comprehensive exam. The CTP designation is issued by the National Association of Tax Professionals (NATP).
To become a CTP, you must meet certain criteria. This includes having at least three years of full-time tax experience or equivalent education, passing the CTP exam, and completing 30 hours of continuing education every two years.
The CTP exam is administered twice a year in April and October. It consists of multiple-choice questions covering topics such as taxation, ethics, business law, accounting principles, and financial planning. The exam takes approximately four hours to complete and costs $400.
In order to prepare for the exam, you can take courses offered by NATP or other organizations that offer CTP prep courses. There are also books and online resources available to help you prepare for the exam.
Once you’ve passed the exam, you will need to pay an annual fee of $150 to maintain your CTP credential. This fee covers membership in NATP as well as access to their resources and networking opportunities.
9. Master of Laws in Taxation (LLM-Tax)
Master of Laws in Taxation (LLM-Tax) is a postgraduate degree program designed to give students advanced knowledge and skills in the field of taxation law. It is typically a two-year program, although some schools offer one-year programs. The curriculum covers topics such as federal income tax, estate planning, international taxation, corporate taxation, and state and local taxes.
To get an LLM-Tax degree, you must first have an undergraduate degree in law or a related field. You may also need to take additional courses or exams to qualify for admission into the program. Most LLM-Tax programs require applicants to submit letters of recommendation from professors or employers.
The cost of an LLM-Tax varies depending on the school you attend and whether you are taking classes online or on campus. Generally speaking, tuition for an LLM-Tax can range anywhere from $20,000-$50,000 per year. Additional costs may include books and other materials as well as living expenses while attending school.
In addition to completing coursework, most students pursuing an LLM-Tax will also complete a research project or thesis in order to graduate with their degree. This research project typically focuses on a specific area of taxation law that the student has chosen to specialize in during their studies. After completion of the program, graduates will be qualified to practice tax law at both the state and federal levels.
10. Juris Doctor in Taxation Law (JD-Tax)
A Juris Doctor in Taxation Law (JD-Tax) is a specialized degree program that focuses on the taxation aspects of the law. It is designed to provide students with an in-depth understanding of the various laws, regulations, and policies related to taxation. The JD-Tax program typically requires three years of full-time study, although some schools may offer part-time or accelerated options.
To get a JD-Tax degree, applicants must first have completed a bachelor's degree from an accredited college or university. Most schools also require applicants to take the Law School Admission Test (LSAT). Once accepted into a JD-Tax program, students will take courses in tax research and analysis, tax policy and planning, estate planning, international taxation, business entities taxation, and more.
The cost of obtaining a JD-Tax degree varies depending on the school you attend and whether you are attending full-time or part-time. Generally speaking, tuition for a full time program can range from $20,000-$50,000 per year. Additionally, there may be additional costs such as books and supplies that need to be taken into account when budgeting for your degree program.
11. Master of Science in Taxation (MSTax).
The Master of Science in Taxation (MSTax) is a specialized degree program designed to prepare students for professional careers in the field of taxation. It typically takes two years to complete and requires 30-36 credits of coursework. The curriculum focuses on the fundamentals of taxation law, tax research, accounting principles, and other related topics.
To get an MSTax degree, students must first have a bachelor’s degree in accounting or a related field. They must also have completed prerequisite courses such as financial accounting, business law, economics, and statistics. After completing these requirements, students can apply to an accredited MSTax program at a college or university.
The cost of an MSTax degree varies depending on the school and program chosen. Generally speaking, tuition costs range from $20,000-$50,000 for two years of study. Additional fees may include books and materials, technology fees, and other miscellaneous expenses.
The MSTax degree provides graduates with a comprehensive understanding of tax law and prepares them for careers as tax professionals in public accounting firms or corporate settings. Graduates may work as certified public accountants (CPAs), tax attorneys, or financial advisors who specialize in taxation issues.
Do You Really Need a Tax Attorney Certificate?
The answer to this question depends on your individual situation. If you are a business owner, self-employed individual, or have complex tax issues, then it may be beneficial to obtain a tax attorney certificate. A tax attorney certificate is a recognition from the American Bar Association (ABA) that certifies an attorney as having specialized knowledge of taxation law. This certification can help you when dealing with complicated legal and financial matters related to taxes.
Having a tax attorney certificate can be especially helpful if you are facing an audit or other legal proceedings related to your taxes. It shows that you have taken the necessary steps to ensure that your taxes are being handled properly and in accordance with the law. Additionally, having a tax attorney certificate may give you more leverage in negotiations and settlement agreements during such proceedings.
On the other hand, if you have straightforward taxes that do not require complex calculations or any special consideration, then obtaining a tax attorney certificate may not be necessary. In these cases, it is likely more cost effective to use an accountant or online software program rather than paying for a lawyer’s services.
Ultimately, whether or not you need a tax attorney certificate will depend on your individual situation and needs. If your taxes are simple enough that they can be handled by an accountant or online software program, then obtaining this certification may not be necessary. However, if your taxes involve complex calculations or other considerations that require legal expertise, then getting a tax attorney certificate could prove invaluable in helping you navigate the complexities of taxation law and protect your interests in any legal proceedings related to your taxes.
Related: Tax Attorney Resume Examples
FAQs About Tax Attorney Certifications
1. What is a Tax Attorney Certification?
Answer: A Tax Attorney Certification is a professional certification for attorneys who specialize in tax law. This certification is offered by the American Bar Association and requires that the attorney passes a comprehensive exam demonstrating their knowledge of tax laws, regulations, and procedures.
2. How do I become certified as a Tax Attorney?
Answer: To become certified as a Tax Attorney, you must meet certain criteria set out by the American Bar Association. This includes passing an intensive exam which tests your knowledge of tax law, attending continuing legal education courses related to tax law, and maintaining good standing with the state bar association in which you are licensed to practice law.
3. What are the benefits of becoming a Certified Tax Attorney?
Answer: Becoming a Certified Tax Attorney offers several benefits, including increased earning potential, enhanced career opportunities, access to specialized resources and training materials, and higher levels of professional recognition from colleagues and clients alike. Additionally, this certification allows attorneys to demonstrate their expertise in the field of tax law and can help them stand out from other lawyers in terms of their qualifications.
4. Is there an exam for obtaining Tax Attorney Certification?
Answer: Yes, applicants must pass an intensive exam to obtain their Tax Attorney Certification from the American Bar Association. The exam covers topics such as federal income taxation, estate planning taxation, corporate taxation, partnership taxation, international taxation and more.
5. How long does it take to obtain my Tax Attorney Certification?
Answer: The time frame for obtaining your certification will depend on several factors such as how much time you have available for studying for the exam and whether you have any prior experience with tax laws or regulations that could be helpful when taking the test. Generally speaking though it takes at least 6 months of study before taking the exam in order to ensure that you are adequately prepared for success on test day.