Tag Archives: IRS

IRS Commissioner Outlines Progress

State Board Report November 2014 Despite pay freezes, shutdowns and furloughs, the level of dedication of the Internal Revenue Services’ 12,000-member workforce is “amazing,” IRS Commissioner John A. Koskinen told the Annual Meeting on November 4. He outlined for NASBA the progress the IRS has made despite challenges. The IRS is implementing the Affordable Care…

IRS Appeals for Preparer Regulation

State Board Report October 2013 The Internal Revenue Service is not ready to give up on its program to regulate paid tax preparers, including a mandatory program for periodic examinations and continuing professional education. In January 2013, District Court Judge James E. Boasberg ruled that the regulation program exceeded the IRS’s statutory authority, in a…

IRS Returns Preparer Test Fees

State Board Report June 2013 The Internal Revenue Service has started to return the fees it collected for its registered tax return preparer test. In accord with the U.S. District Court’s January 18, 2013 ruling that enjoined the IRS from enforcing its regulatory requirement for registered tax return preparers (see SBR 2/13), fees collected from…

IRS Testing of Preparers Halted

State Board Report February 2013 Three tax preparers brought together by the Institute for Justice, an advocacy group, have scored a victory – at least temporarily – against the Internal Revenue Services’ Tax Return Preparers Registration Program. On January 18, U.S. District Judge James E. Boasberg ruled against the IRS and in favor of Giovanni…

GAO Finds Half of Madoff Victims Net Winners

State Board Report October 2012 The Trustee in the Bernard L. Madoff case has been going through 16,000 claims from those who are seeking repayment from litigation to recover Madoff ‘s assets. After denying 66 percent of the claims, because the customers were not direct account holders of the Madoff firm as they had invested…

IRS Registers Over 840,000 Preparers

State Board Report May 2012 The Internal Revenue Service has shifted its resources from dealing with taxpayers one-by-one to dealing with the tax preparers, who in total prepared more than 95,000,000 individual and business tax returns in 2011, IRS Commissioner Douglas H. Shulman told the National Press Club on April 8, 2012. He reported 840,000…

IRS Picks NASBA Registry as Accrediting Agency

State Board Report January 2012 Everyone who is required to take the Internal Revenue Service’s Registered Tax Return Preparer competency exam is also required to complete 15 hours annually of continuing education, including three hours of federal tax law updates, two hours of ethics and 10 hours of other federal tax law. The IRS has…

IRS OKs NASBA as Accredited Tax Education Provider

Publication: Accounting Today Published: December 19, 2011 NASBA and the National Registry of CPE Sponsors have been approved by the Internal Revenue Service (IRS) as a qualified accrediting organization under the IRS Registered Tax Return Preparer program. They are the first to receive qualified accrediting status. See Full ArticleIRS OKs NASBA as Accredited Tax Education Provider

NASBA, National Registry of CPE Sponsors Receive IRS Accreditation

Announcement Marks First Organization to Receive IRS Qualified Accrediting Status NASHVILLE, TN (December 19, 2011) – The National Association of State Boards of Accountancy, Inc. (NASBA) announced today that NASBA and the National Registry of CPE Sponsors have been approved by the Internal Revenue Service (IRS) as a qualified accrediting organization under the IRS Registered…

IRS Chasing Ghost Preparers

State Board Report November 2011 The Internal Revenue Service’s research staff is looking at those tax preparers who have been intentionally avoiding the new rules of the PTIN (Preparer Tax Identification Number) program, Leann Ruf, IRS chief-communications director for the IRS Return Preparer Office, reported at the Annual Meeting. She called these “ghost preparers” who…