23 min listen
A closer look at paid tax preparer regulation
A closer look at paid tax preparer regulation
ratings:
Length:
13 minutes
Released:
May 27, 2021
Format:
Podcast episode
Description
In a letter to the IRS, the AICPA recently offered recommendations on six key areas of regulation of paid tax return preparers. A senior manager on the AICPA’s Tax Policy & Advocacy Team explains more about why the recommendations are needed. Also, learn more about a recent popular article on delivering and receiving feedback. What you’ll learn from this episode: Why it’s important for the IRS to address the issue of unregulated tax return preparers. Insight into preparer tax identification numbers (PTINs) and IRS authority over them. Why the current process to revoke a PTIN can be “time-consuming and costly.” An explanation of supervised, nonsigning return preparers. More on a recent JofA article about delivering and receiving feedback. News on the issuance of nonauthoritative guidance for auditing digital assets, and economic trends to watch.
Released:
May 27, 2021
Format:
Podcast episode
Titles in the series (100)
Tax reform: What CPAs need to know about the latest developments: Tax reform is the hot topic in Washington right now. In this episode of the podcast, which was re... by Journal of Accountancy Podcast