September 27, 2022

The Distaste for IRS’ Tax Preparer Regulations Has Reached Its Apex

The only question is, why did it took take so long?

A nonprofit group plans to sue the Internal Revenue Service and argue that the agency’s effort to regulate tax-return preparers is unlawful. The Institute for Justice, an organization in Arlington, Virginia, that seeks to protect individual liberties, said in a statement it will file the lawsuit tomorrow in U.S. District Court in Washington. “They’re wildly overextending their actual authority granted by Congress,” said Dan Alban, an attorney at the institute who is representing three tax-return preparers. 
[via Bloomberg]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

Accountants Behaving Badly: Egg Accountant Finally Cracked, and Lots of Embezzlement

PLUS: KPMG is accused in a lawsuit of “appalling” audit work that allowed a U.S.-listed Chinese biotechnology company to carry out a “brazen” $400 million accounting fraud. Ex-Hillandale Farms accountant admits to $6.8 million embezzlement scheme [Pittsburgh Post-Gazette] Jonathan Weston, the owner of Katie’s Kandy in Pittsburgh, admitted last month in federal court that he […]