The Internal Revenue Service (IRS) has recently emphasized the importance of a valid and active Preparer Tax Identification Number (PTIN) for all paid tax preparers in the United States. This reminder ...
The Internal Revenue Service reminded taxpayers on Thursday that it's important to carefully choose a tax professional. There's an accountant shortage in the U.S., so finding qualified tax prep help ...
The decision means the time to assess unpaid taxes can remain open when the tax preparer committed fraud—even if the taxpayer didn’t know about it.
An influential advisory committee to the Internal Revenue Service is asking Congress to regulate noncredentialed tax preparers and boost funding for the IRS and the National Taxpayer Advocate.
The Supreme Court refuses to resolve whether innocent taxpayers can face unlimited IRS audit when return preparer commits fraud. What if taxpayer files amended return?
Congress is once again looking at regulating tax preparers. Processing Content Rep. Steve Cohen, D-Tennessee, has reintroduced the Tax Return Preparer Accountability Act, H.R. 1983, which would ...
Filing for a refund? A tax preparer reveals the error most likely to prompt an IRS letter and slow down your return.
Most of us don't do our own tax returns. My husband did ours for years. He finally surrendered, too frustrated with the never-ending task of keeping up with the many changes to the tax code. We now ...
There's an accountant shortage in the U.S., so consumers may find it a little trickier to secure a tax preparer. The Internal Revenue Service reminded taxpayers on Thursday that it's important to ...