A group of mostly conservative public policy organizations have sent a letter to members of the House of Representatives asking them to oppose legislation that would require licensing of paid tax preparers.
The bill, known as the Tax Return Preparer Competency Act, was introduced last December by Rep. Diane Black, R-Tenn., and Pat Meehan, R-Pa. (see Congress Introduces New Bill to Regulate Tax Preparers). It would require professional tax preparers to undergo examinations, take annual continuing education classes and submit to a background check. The American Institute of CPAs lobbied against the bill soon after it was introduced (see AICPA Opposes Legislation to Regulate Tax Preparers).
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access