excerpts from the irs report on tax return preparers. get the full report: free download here (pdf, 55 pages). related: irs seeks to regulate tax pro’s today, a majority of u.s. taxpayers rely on tax return preparers to assist them … continued
but will new exam confuse taxpayers? via irs the internal revenue service kicked off the 2010 tax filing season today by issuing the results of a landmark six-month study that proposes new registration, testing and continuing education of tax return … continued
nsa says: yes, you can talk to your own clients. via the national society of accountants as tax return preparers should be aware, code section 7216 establishes a criminal penalty if a preparer knowingly or recklessly discloses or uses any … continued
financial service firms — banks, investment advisors, insurance companies, etc. — account for three-quarters of the tax returns filed by all large corporations. so why, then, is the irs allocating only 15% of its corporate revenue agents to the sector? … continued
most tax professionals are having at least as good or better season this year. but the economy threatens fees and collections. join the survey; get the updates. the latest data show for the week ended march 15, 34% of practitioners … continued
under new irs reg 7216, cpas are obligated to get written consent when they “send out” work on tax returns. but there’s precious little concrete guidance available yet, the deadline is approaching and many tax practitioners are confused and worried. … continued
are you ready? how savvy cpas plan to cope: click here, get the answers. by rick telberg/at large just as cpas were hitting their stride toward the october 15 final tax filing deadline, the world changed. add in a hotly … continued