Tax Return Preparation

WASHINGTON -(Dow Jones)- The Internal Revenue Service said Monday it will require registration and competency exams for legions of tax return preparers that now largely escape regulation.

WASHINGTON -(Dow Jones)- The Internal Revenue Service said Monday it will require registration and competency exams for legions of tax return preparers that now largely escape regulation.

(Updates with comment from H&R Block, enrolled agent.) WASHINGTON -(Dow Jones)- The Internal Revenue Service said Monday it will require registration and competency exams for legions of tax return preparers that now largely escape regulation.

New IRS regulations will be put into place for tax return preparers.

Taxpayers who pay someone to do their taxes should choose a preparer wisely.

The owner of Data Concepts, Inc., a Syracuse company that prepared tax returns, was sentenced Friday preparing false tax returns, according to the United States Department of Justice.

Maybe it’s just me, but when I see the word “all,” I assume it means all-inclusive.

Recently, the Internal Revenue Service announced a major initiative to bring greater scrutiny to the tax-preparation industry. IRS Commissioner Doug Shulman wants paid tax preparers to be tested for competency and be required to take continuing education courses. One of the new changes would also mandate the registration of all paid tax preparers. However, this may not quite be the case.

Tax day is April 15th, and if you dread having to deal with all the paperwork and receipts, then we have some good news for you.

AARP Foundation will offer free tax assistance for low- to moderate-income taxpayers in Shippensburg, especially for those 60 and older.