2013-14 provides tax return
preparers guidance on the format and content of taxpayer consents for disclosing or using tax return
information of taxpayers filing a return in the Form 1040 series.
preparers are allowed to transfer lists or statistical compilations "in conjunction with the sale or other disposition of the compiler's tax return
preparation business" (Regs.
Competency tests for all paid tax return
preparers except CPAs, attorneys and enrolled agents who are active and in good standing with their respective licensing agencies.
As it did in respect of tax return
preparation advice, Frederick demonstrates a profound misconception regarding the legal advice component of agency-level tax disputes.
Every year, 1% or 2% of tax return
clients refers a business client--usually a small home-based business, a professional organization or a company filing with the SEC for the first time.
The tax return
preparer must furnish the PTIN when he or she signs a tax return
or claim for refund.
In particular, apart from the existing requirement for a corporate officer to sign a return under penalties of perjury, the internal control requirements mandated by the Sarbanes-Oxley Act of 2002 over financial matters (which include the provision for taxes), as well as the enhanced tax return
disclosure rules and penalties for non-disclosure, advance the goals of transparency.
Income Tax Return
for Certain Political Organizations; and Form 8868, Application for Extension of Time to File an Exempt Organization Return.
A Palmdale tax preparer who was indicted for filing false tax returns
for herself and her clients pleaded not guilty to federal charges Monday and was freed on bail, a federal attorney said.
Emphasis on customer service including audit assistance, a money back guarantee and free tax return
checking are just a few of the above and beyond features offered by Liberty Tax Service.
On June 16, 2008, the IRS issued proposed regulations (REG-129243-07) on tax return
preparer penalty standards that it hopes to have finalized by the end of the year.
Further, tax return
information now can have a greater impact on future payments that are required by a debtor who files for bankruptcy protection, as it will be used to evaluate future income and expenses.