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The ruling last Tuesday by the U.S. Court of Appeals for the District of Columbia (see ďTax Preparers Defeat IRS in Appeals Court Ruling on Licensing SchemeĒ) did not surprise me and didnít surprise many of my colleagues in the accounting profession, including the IRS representatives I know. The justicesí ruling clearly limits the authority of the IRS. By not allowing the IRS to regulate all tax preparers, it handicaps the government agency from being effective in its role of collecting the nationís revenue. †
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