Tax Preparer Injunction Denied

In an update to a previous post, a federal court of appeals has denied the motion to stay a lower courts decision to deny the IRS the power to impose education on tax preparers.  This means that the IRS has no power to enforce its rules on tax preparer education as the matter is finalized by legislation and courts.

Considered a victory for tax preparers who find the CE requirements cumbersome and costly, this is by no means a green light for tax preparers not to stay abreast of all rules and regulations applicable to their work, explains  Contact us to discuss ways to protect your tax practice.