Return preparer regulation overly broad, AICPA says

[Elrod]

The proposed grant of authority to the Internal Revenue Service to regulate all aspects of tax practice is overly broad, the AICPA said in a letter to the Senate Finance Committee on Tuesday. The AICPA made specific recommendations to tailor the proposal to more directly target incompetent and fraudulent tax return preparers.

The bill would also give the IRS authority to regulate all aspects of federal tax practice. Specifically, it would amend Title 31 of the U.S. Code to encompass all tax practice, regardless of whether it includes representation before the Treasury Department.

http://www.journalofaccountancy.com/news/2015/sep/tax-return-preparer-legislation-201513013.html