Tax Preparers 1, Taxpayers 0
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January 22, 2013 - A U.S. District Court has blocked the IRS from administering a program that would regulate and assess the competency of tax preparers, Bloomberg’s Richard Rubin reports. This goes straight to the bad-decision-of-the-week file.
According to the story, “The rules were designed to impose standards on hundreds of thousands of return preparers who aren’t certified public accountants, attorneys or enrolled agents already licensed to practice before the IRS. The idea, promoted by former Commissioner Douglas Shulman, was to require minimum qualifications and help the agency combat tax fraud.”