Will the Loving Case court ruling that resulted in an injunction requiring the IRS to shut down the RTRP and CE Preparer Regulations be overturned? If not, what do you think the IRS will do.
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IRS Has $917 Million for People Who Have Not Filed a 2009 Income Tax Return
IR-2013-29, March 14, 2013 WASHINGTON — Refunds totaling just over $917 million may be waiting for an estimated 984,400 taxpayers who did not file a federal income tax return for 2009, the Internal Revenue Service announced today. However, to collect the money,…
IRS Bids to Reinstrate Tax Preparer Regulation
According to an Accounting Today article, the Internal Revenue Service has filed notices with a federal district court and appeals court of its intention to appeal a judge’s ruling that struck down the mandatory testing and continuing education requirements of its Registered…
The IRS does not initiate contact with taxpayers by email to request personal or financial information. This includes any type of electronic communication, such as text messages and social media channels.
as text messages and social media channels. The IRS does not initiate contact with taxpayers by email to request personal or financial information. This includes any type of electronic communication, such as text messages and social media channels. What is phishing? Phishing…
IRS To Accept Tax Returns with Education Credits, Depreciation Next Week
IR-2013-18, Feb. 8, 2013 WASHINGTON — The Internal Revenue Service announced today that taxpayers will be able to start filing two major tax forms next week covering education credits and depreciation. Starting Sunday, Feb. 10, the IRS will start processing tax returns…
Taxpayer Advocate, Nina Olson, calls preparer regulation ruling “disastrous”
Tax-preparer ruling called ‘disastrous’ By LAUREN FRENCH | 2/6/13 4:58 AM EST Welcome to the Wild West. The tax version of it, at least. That’s how Nina Olson, the IRS’s designated advocate for taxpayers, sees an unregulated world of tax preparers where…
Update from IRS on court ruling affecting RTRP, CE and PTIN
On Friday, Jan. 18, 2013, the United States District Court for the District of Columbia enjoined the Internal Revenue Service from enforcing the regulatory requirements for registered tax return preparers. In accordance with this order, tax return preparers covered by this program…
Where’s My Refund?
Below is a link to a page on the IRS website with information for taxpayers: What to Expect for Refunds in 2013 http://www.irs.gov/Refunds/What-to-Expect-for-Refunds-in-2013 IRS also provides a PDF with 2013 refund information for tax preparers at the link below. 2013 IRS Refund…
Tax preparation firms favor reinstating IRS rules timesdispatch.com
Most tax-preparation professionals are pulling for the Internal Revenue Service in a legal battle over its plan to regulate the industry. http://www.timesdispatch.com/business/local/companies/tax-preparation-firms-favor-reinstating-irs-rules/article_c89fd9dc-1a27-516d-8d68-5ddbfabd36cf.html?goback=%2Egde_1905842_member_208384532
IRS Appeal of Court Ruling Against Preparer Regulations
The tax industry needs to be regulated to prevent unqualified preparers from practicing. Those preparers who have been enabled to prepare returns using tax software without knowing the tax laws not only prepare inacurate returns for their clients, but they take business…
IRS Loses Lawsuit to Prevent Regulation of Preparers
January 19, 2013 By MATTHEW BARAKAT of The Associated Press FALLS CHURCH, Va. — A federal judge on Friday barred the IRS from imposing a series of new regulations, including a competency exam, on hundreds of thousands of tax preparers. U.S. District…
IRS Loses Lawsuit in Fight Against Tax Preparers
U.S. District Judge James Boasberg in Washington ruled against the IRS in favor of three tax preparers who filed suit last year with the help of a libertarian legal group, the Arlington, Va.-based Institute for Justice. Since 2011, in response to what…