The IRS has decided that, as a result of the recent decision preventing it from regulating unenrolled tax return preparers, disbarment or suspension from practice before the IRS cannot include a ban on tax return preparation or blocking an individual’s preparer tax identification number (PTIN). Therefore, the Service announced that certain tax return preparers who were sanctioned by having their PTINs blocked between Aug. 2, 2011, and Feb. 11, 2014, can obtain or renew their PTINs and prepare tax returns. [Journal of Accountancy]
IRS Throws Hissy Fit About Not Being Able to Regulate Preparers, Gives Up On Everything
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.
- Tags: giving up, IRS, Tax Prep Regulations
