Congress Moving for Licensing Tax Preparers
Congress is moving toward giving the IRS the authority to license tax preparers, Senator Rob Portman (R-OH) is promoting it with a new bill, the Protecting Taxpayers Act (S. 3278). The bill is intended to “amend the Internal Revenue Code of 1986 to provide additional protections to taxpayers.” The full text of the bill is not available yet, but those protections, according to Portman, would include the right of the IRS to “regulate paid tax return preparers in a balanced way.”
For further details on this visit: https://www.forbes.com/sites/kellyphillipserb/2018/08/02/congress-again-considers-licensing-tax-preparers/#3e7fa54f2731
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