cred65 Posted February 11, 2014 Report Share Posted February 11, 2014 A U.S. appeals court on Tuesday struck down the U.S. Internal Revenue Service's authority to regulate tax-return preparers, dealing a blow to the Obama administration, which has been trying to crack down on tax preparation fraud. The unanimous decision from the U.S. Court of Appeals for the District of Columbia upheld a lower court ruling that invalidated test-taking and continuing education requirements that the IRS wanted to impose on hundreds of thousands of unregulated tax-return preparers. "We agree with the District Court that the IRS's statutory authority ... cannot be stretched so broadly as to encompass authority to regulate tax-return preparers,'' the court's 19-page ruling said. —By Reuters Quote Link to comment Share on other sites More sharing options...
David1980 Posted February 11, 2014 Report Share Posted February 11, 2014 So the next step is for congress to grant the IRS the necessary authority. Quote Link to comment Share on other sites More sharing options...
Tax Prep by Deb Posted February 11, 2014 Report Share Posted February 11, 2014 I wish there was a way I could get back the money I spent to earn a worthless certificate! Quote Link to comment Share on other sites More sharing options...
Pacun Posted February 11, 2014 Report Share Posted February 11, 2014 Either the IRS will have to go to Congress or audit more returns when the returns are prepared by someone with only a PTIN. I heard from an auditor that returns prepared by CPAs are more respected than others. Quote Link to comment Share on other sites More sharing options...
GeneInAlabama Posted February 11, 2014 Report Share Posted February 11, 2014 I wish there was a way I could get back the money I spent to earn a worthless certificate! Sometimes procrastinating pays off. Quote Link to comment Share on other sites More sharing options...
Tax Prep by Deb Posted February 11, 2014 Report Share Posted February 11, 2014 In almost everything else I do, but for some reason I really wanted this to be done and now all I have is a worthless certificate hanging on my wall. Oh well! 1 Quote Link to comment Share on other sites More sharing options...
Jack from Ohio Posted February 11, 2014 Report Share Posted February 11, 2014 I want licensing requirements and someone watching over preparers. I want to push out the "two weeks a year" tax preparers. The group that started this whole lawsuit thing must be in favor of fraud and incompetence. What I TOTALLY DISDAIN is the paying for having a PTIN. The costs are just a cash cow for the IRS. Maybe this judgment will eliminate the charges for renewing? I am in favor of testing to obtain a PTIN. I am in favor of testing to obtain an EFIN. 3 Quote Link to comment Share on other sites More sharing options...
Tax Prep by Deb Posted February 11, 2014 Report Share Posted February 11, 2014 I agree. There does need to be testing. California has done it ever since I began doing taxes. It does help some but I have seen some very bad tax preparers work just the same. 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.