Tag Archives: IRS
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…
NASBA Comments on IRS Notice 2011-61 8/17/11
August 17, 2011 In response to the IRS’ Notice 2011-61 requesting feedback, NASBA provided commentary highlighting the experience and expertise of its National Registry of CPE Sponsors. Launched in 1990, the National Registry lists providers who meet standards recognized and jointly developed by NASBA, its member state boards of accountancy and the American Institute of…
NASBA Offers IRS Recommendations on Approval Process for Continuing Education Providers
Author: Maria-Lisa Caldwell, Esq, NASBA General Counsel and Director of Compliance Services
Posted: August 17, 2011
IRS Hawkins Addresses EDs
State Board Report April 2010 Proposed regulations for the Internal Revenue Service’s new registration program of tax return preparers (amending Section 6109 of the IRS Code) were detailed at the Executive Directors Conference by Karen Hawkins, director of the IRS Office of Professional Responsibility (OPR). She said the IRS would be releasing proposed regulations on…