Regulation and enforcement action against tax preparers is a hot topic. Beginning in January 2011 all signing and non-signing tax preparers must obtain a PTIN number by passing a Federal tax compliance check, a suitability check and demonstrating competency. This includes most of your firm’s non-CPA staff and senior accountants, seasonal employees, and para-professional employees. This course will examine the stringent new regulations proposed in August governing who may prepare tax returns for clients.
To provide a comprehensive review of interrelated topics.
Learn the latest IRS developments and regulations.
To provide an understanding of the “hot” issues facing practitioners.
Tax preparers subject to the proposed rules
Mandatory PTIN rules, including IRS background tests
Civil and Criminal Penalties