Quoted Text

Paid tax preparers
may be regulated

    WASHINGTON — The IRS wants to start regulating paid tax preparers used by more than half the nation’s taxpayers in an effort to reduce fraud and errors.
    New rules could require education and training as well as licensing for people who get paid to prepare returns, IRS Commissioner Doug Shulman said Thursday.
    “In most states, anyone can charge to prepare tax returns regardless of training, education, experience, skill, licensing or registration,” Shulman told reporters. “Virtually anyone can set up a tax return business.”
    Shulman said most tax preparers provide quality work, but some are poorly trained or unscrupulous. The IRS, however, can’t say how many fall into either group because the agency doesn’t track the number of complaints filed against tax preparers or their outcomes, according to a report issued in February by the Treasury Inspector General for Tax Administration.
    The IRS doesn’t even know how many individuals or companies prepare returns for taxpayers, Shulman acknowledged.
    From 2006 through 2008, the IRS initiated more than 600 investigations of fraud among tax preparers. During that time, 356 tax preparers were convicted, with more than 80 percent of them sentenced to prison, home confinement or electronic monitoring.
    But when the IRS detects a fraudulent return, it’s the taxpayer — not the tax preparer — who must pay the additional taxes, interest and penalties, according to the IRS.

http://www.dailygazette.net/De.....amp;EntityId=Ar00501

I would start checking every Democrat in politics for starters because they seem to be the ones having problems with remembering to pay their taxes.

Quoted from Shadow

I would start checking every Democrat in politics for starters because they seem to be the ones having problems with remembering to pay their taxes.

Good point!!

I will predict that the way paid tax preparers will be regulated, will be for them to have to pay a 'fee' to the government. It is just another ploy for the government to collect even more money. Which will cost the taxpayers even more money. The fee will be absorbed into our fees for the service.

But more than that....what about the people who do their own taxes? It wouldn't surprise me if the government puts a stop to that so we will ALL have to go to a tax preparer so they can collect even MORE of our monies!

Maybe all the tax preparers will be government employees like the IRS so the government can make sure that they suck every dime out of the taxpayer.

Quoted from Shadow

Maybe all the tax preparers will be government employees like the IRS so the government can make sure that they suck every dime out of the taxpayer.

Now you're making me nervous! Cause I never thought of that...and you may just be right!

To reduce fraud and error, but increase the government involvement...and cause redundancy in government.....just another layer of shakles.......

fraud and error in the government itself should be addressed first......are they worried about the 'non-paying' politicos.....I doubt it.....