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alp227

(31,962 posts)
Thu Jun 26, 2014, 06:10 PM Jun 2014

IRS announces program to certify tax preparers

Source: AP

WASHINGTON (AP) — The Internal Revenue Service announced a voluntary program Thursday to certify paid tax preparers who complete annual training and pass a test.

A majority of taxpayers pay someone to help them file their tax returns, but most preparers are unregulated. The goal of the program is to help consumers know which tax preparers have at least a minimum level of competency, said IRS Commissioner John Koskinen.

Attorneys, certified public accountants and others who represent clients before the IRS are exempt because they already undergo training.

"It helps lessen the risk to taxpayers from preparers who have no education in federal tax law or filing requirements," Koskinen said. "And it allows preparers without professional credentials to stand out from the competition by giving them a recognizable record of completion that they can show to their clients."

Read more: http://bigstory.ap.org/article/irs-announces-program-certify-tax-preparers

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