Judge Strikes Down Tax Preparer Regulation - Tax Preparers Advised to Continue Compliance

Tax Preparer Connections is advising tax preparers to continue adherence to recently-mandated tax preparer requirements set forth by the Internal Revenue Service in the wake of a January 18 U.S. district court decision that ruled the program was illegally implemented by the IRS.

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I expect the IRS will appeal the court decision and seek a restraining order to prevent even temporary cessation of the program as an appeal moves forward.

East Lansing, MI (PRWEB) January 22, 2013

Tax Preparer Connections is advising tax preparers to continue adherence to recently-mandated tax preparer requirements set forth by the Internal Revenue Service in the wake of a U.S. district court decision (case 1:12-CV-00385-JEB; http://ij.org/images/pdf_folder/economic_liberty/irs_tax_preparers/irs-opinion-1-18-13.pdf) that ruled the program was illegally implemented by the IRS.

TPC specifically advises tax preparers to continue complying with IRS competency and continuing education requirements and to register and renew their Preparer Tax Identification Number (PTIN) before filing 2012 federal tax returns.

"I expect the IRS will appeal the court decision and seek a restraining order to prevent even temporary cessation of the program as an appeal moves forward," said Jon A. Hayes, president of Tax Preparer Connections. "In the meantime, I’m sure IRS lawyers will investigate the judge’s suggestions for possibly legalizing the program without legislation, and they will simultaneously draft and introduce legislation to legalize the system knowing it will be a mine-filled process when special interests have the chance to lobby for changes or defeat such an initiative."

Hayes went on to say, "Until we see how our national associations respond to this ruling, we can’t accurately predict what will happen next. Remember, most national associations have opposed tax preparer regulation in the past, and they could well ignore the groundswell of support for it at the grassroots level."

Tax Preparer Connections Article:
http://taxpreparerconnections.com/judge-knocks-down-preparer-regulation/

TaxPreparerConnections.com is a subscriber-based website that provides web-based communications, advisory, and practice growth services to accountants and tax preparers located throughout the United States who prepare and file U.S. tax reports for clients.

TPC's goal is to provide information and tools practitioners can use to expertly service their clients and grow a practice offering diverse tax and advisement services for individual taxpayers and small businesses.


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