Tag Archives: Tax Preparers

NAEA Testifies about New Preparer Oversight Program

A Tiered Approach to Credentialing Is Recommended WASHINGTON, DC (July 28, 2011)—The National Association of Enrolled Agents (NAEA) today presented testimony at a hearing before the House Ways and Means Committee Subcommittee on Oversight. The focus of the hearing was to review the new requirements for paid tax return preparers developed by IRS as part […]

IRS Identifies 100,000 Preparers Who Failed to Follow New PTIN Rules

WASHINGTON — As part of its new oversight program of the nation’s tax return preparation industry, the Internal Revenue Service today announced it will send letters to approximately 100,000 tax return preparers who prepared returns in 2011 but failed to follow new requirements.

New IRS Oversight of Tax Preparers Will Take Several Years to Become Fully Operational

Courtesy of TIGTA: WASHINGTON -­ New Federal oversight of paid tax preparers will not be fully operational until 2014, according to a report publicly released today by the Treasury Inspector General for Tax Administration (TIGTA). While the Internal Revenue Service (IRS) is requiring an estimated one million paid tax preparers to register and receive Preparer […]

PTINs – Online Registration System for Paid Preparers is Up!

[TaxMama Note: This applies to everyone – EAs, CPAs, attorneys, licensed, as well as unlicensed preparers. Do not rush to register unless you need a PTIN to take the EA Exam. The system is jammed. Your current PTIN will work just fine until you update your registration.] A new online system for paid tax return […]

Taxpayer Protection

Today TaxMama wants to tell you about something really important and exciting. IRS’s first announcement of the year made a big splash. IRS proposes new registration, testing and continuing education of tax return preparers. What does this mean to you? And why is this exciting?

A Slow Tax Pro

Today TaxMama hears from George in Delaware, with this problem. “What should I do about an accountant that I have used for the first time this year? He has still not completed everything or gotten back to us. I realize that an extension has been filed, but this be the first year we should do […]