GETTING PERSONAL: IRS Tax Preparer Plan Seen Long Overdue
By Arden Dale
A DOW JONES NEWSWIRES COLUMN
Hiring someone to prepare a tax return will soon be a far safer prospect for many taxpayers than it is now.
The IRS on Monday proposed sweeping changes in the way it regulates a host of people who prepare tax returns, outlining how it plans to require registration and competency exams for many who now go largely unregulated. The changes came after a six-month IRS review driven by calls from taxpayer rights organizations for stronger oversight of paid tax preparers, a group estimated at between 900,000 and 1.2 million individuals.
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