Sunday, October 11, 2009

IS YOUR "TAX PREPARER" A "TAX PROFESSIONAL"

In most states anyone can hang out a shingle claiming to be a
"Tax Preparation Service," without any licensing or certification of any kind.

Some of them are well informed and handle the task exceedingly well.

But not all of them.Congress is yielding to pressure from the IRS to implement a registration requirement of some kind. Expect legislation later this year, but don't expect it to take effect until AFTER the coming tax season.