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AICPA reiterates its strong concerns about IRS Voluntary Certification Program

Zone(s): USA ¦ Sector(s): Taxation

[24 June 2014, Journal of Accountancy]  On 24 June, the AICPA on sent a 14-page letter to the IRS, expressing its strong concerns that a proposed IRS voluntary certification program for un-enrolled tax return preparers “would cause significant legal problems that may ultimately frustrate the IRS’s goals, confuse the public, and lead to litigation.”  The IRS is expected to soon implement the program by the release of a revenue procedure.

After the IRS lost its appeal in Loving, No. 13-5061 (D.C. Cir. 2/11/14), which held that the IRS does not have statutory authority to regulate tax return preparers, IRS Commissioner John Koskinen indicated that, while the IRS might look to Congress to give it authority to regulate return preparers, he was also considering a “voluntary certification” program. On April 8, he testified before the Senate Finance Committee, telling the members that the IRS was “taking a close look at the possibility of an interim step involving a program of voluntary continuing education.”