IRS Testing of Preparers to Begin

IRS Testing of Preparers to Begin

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The Internal Revenue Service is moving into the second phase of its tax preparer regulation initiative by beginning next week to schedule the first competency tests for tax preparers.

I used to be in favor of regulation of unenrolled tax preparers because anyone regardless of their education level, criminal background and skill level could hold themselves out as a professional tax preparer.

I was wrong. It turns out that, like most things the federal government tries to improve, the remedy is worse than the disease.

If you aren’t convinced, just consider this: Tax preparers are now being tested and regulated by an agency that admits it gives the wrong answers to basic taxpayer questions nearly 40% of the time.

Letting the IRS test and regulate tax preparers is about as wise as hiring Jerry Sandusky to babysit your kids.

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About Peter Pappas

Peter is a tax attorney and certified public acccountant with over 20 years experience helping taxpayers resolve their IRS and state tax problems.

He has represented thousands of taxpayers who have been experiencing difficulty dealing with the Internal Revenue Service or State tax officials.

He is a member of the American Association of Attorney-Certified Public Accountants, the Florida Bar Association and The Florida Institute of Certified Public Accountants and is admitted to practice before the United States Tax Court, the United States Supreme Court, U.S. District Courts - Middle District of Florida