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Tag: tax preparers


TAX PREPARERS: IRS launches oversight of tax preparation industry

The Internal Revenue Service recently launched an unprecedented effort to provide some oversight over the tax preparation industry, including Washington’s 19,000 tax preparers.

Most tax preparers are dedicated to quality tax return preparation and are committed to quality service for their clients. But the actions of a few preparers cause lot of problems – for their clients, for preparers who follow the rules and for the IRS.

Here’s what we’re doing:

• All paid tax return preparers must register with the IRS and obtain a new or renewed Preparer Tax Identification Number (PTIN.) prior to preparing a return in 2011.

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