IRS moves for stay of PTIN fee injunction
If granted, the stay would allow the IRS to charge the fees while it decides whether to appeal the district court decision that struck down the fees and, if it does appeal, during the appeal itself.
Representations & Examinations
Tax preparer mistakes: Taxpayer penalties and the tax treatment of indemnity payments
Relying on a tax professional does not guarantee that the penalty will be removed for a taxpayer.
IRS reopens PTIN registration system
The system had been down since early June, after a federal court held that the IRS cannot charge a PTIN fee.
Federal court strikes down PTIN fees, upholds PTINs
The D.C. District Court held that the IRS has the authority to require preparers to use preparer tax identification numbers (PTINs) but that it cannot charge fees for issuing PTINs.
Office of Professional Responsibility cannot investigate disbarred tax preparer
The IRS OPR has no authority or jurisdiction over a disbarred attorney/tax preparer or his tax preparation practice and cannot regulate his provision of tax advice, a federal district court in Nevada has held.
President’s budget includes tax proposals and regulation of return preparers
President Donald Trump’s proposed FY 2018 budget includes a new proposal to give the IRS authority to regulate paid tax return preparers.
IRS explains e-Services account suspensions/re-registration procedures
The IRS suspended the e-Services accounts of users who failed to verify their identities.
IRS announces online publication of practitioners’ registration information
The IRS alerted tax practitioners that it plans to publish their registration information online.
Disbarred tax preparer not subject to IRS jurisdiction
The IRS Office of Professional Responsibility has no authority or jurisdiction over a disbarred attorney/tax preparer or his tax preparation practice and cannot regulate his provision of tax advice a federal district court in Nevada has held.
Tax practitioners’ information will soon be available at IRS website
The IRS announced that it will soon post online the registration information of practitioners who have preparer tax identification numbers, and the information will be available without charge to the public.
The Preparer Penalties of Sec. 6694 and Sec. 6695
This item discusses the two penalty areas that apply to preparers.
Regulations Govern Preparer Penalties and Due Diligence Under New Law
Recent legislation added requirements which previously applied only to the earned income tax credit.
Regulations Implement New Due-Diligence Requirements for Tax Return Preparers
Recent legislation added these requirements, which previously applied only to the earned income tax credit.
PTIN Class Action Lawsuit Affects All Tax Return Preparers
A class action lawsuit currently pending in a federal district court includes in its class of plaintiffs all tax return preparers who obtained or renewed a PTIN after Sept. 30, 2010.
Understatement of Income Not Fraudulent
A pattern of fraudulent conduct in a tax accountant’s preparation of his clients’ returns was not sufficient to prove that underpayments on his own returns were due to fraud.
Power of Attorney and Declaration of Representative
Many practitioners find that the IRS does not process their Form 2848 filings and returns them because the form was prepared or filed incorrectly.
Regulations Lower PTIN User Fee
The IRS issued temporary regulations lowering the user fee for preparer tax identification numbers.
PTIN User Fee Will Be Lowered
The IRS issued regulations lowering the fee for PTINs, effective for the coming filing season, from $50 to $33, effective Nov. 1, 2015.
AICPA Expresses Concerns About Tax Return Preparer Legislation
The proposed grant of authority to the IRS to regulate all aspects of tax practice is overly broad, the AICPA said in a letter to the Senate Finance Committee.
Final Rule Does Not Require PTIN Holders Be Told of Investigation
The Treasury Department issued a final rule that exempts it from having to reveal to holders of preparer tax identification numbers the names of agencies or individuals that have asked for their files.
