Four recommendations for Congress.
By CPA Trendlines Research
Sad news for all you enrolled agents, enrolled actuaries, attorneys, CPAs and other trained, competent tax preparers: you wasted your time and money on education. It turns out incompetence isn’t illegal. There are no standards, no mandatory credentials. Anyone can claim to be a tax preparer.
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Best of all, when an incompetent preparer makes a mistake, it’s only taxpayers and the IRS that suffer.
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