Senate Committee Says Yes To Increased Taxpayer Protections, No To Tax Preparer Licensing

[Elrod]

With that, the U.S. District Court of Appeals affirmed a 2013 ruling that Congress never gave the Internal Revenue Service (IRS) the power to license tax preparers and the IRS cannot give itself that authority. The court made it clear that if Congress wanted to give that authority to IRS, it could. With that, Congress made noise about doing so in September 2015 and then again in December 2015. That trend continued this week when Senate Republicans objected to a proposal that would have established minimum standards for paid tax return preparers.

More at:  http://www.forbes.com/sites/kellyphillipserb/2016/04/21/senate-committee-says-yes-to-increased-taxpayer-protections-no-to-tax-preparer-licensing/#3ebe32e73983