CPA Groups: IRS Proposal May Not Reduce Errors
Price, Marie, THE JOURNAL RECORD
An Internal Revenue Service proposal to require registration of tax-return preparers may not achieve the stated objective of reducing errors, officials with certified public accountant groups say.
IRS Commissioner Doug Shulman told a congressional committee last week that the agency plans to make recommendations by year's end to ensure that preparers meet high ethical standards.
Nina Olson, IRS National Taxpayer Advocate, has recommended creation of a registration program for unlicensed tax preparers.
California U.S. Rep. Xavier Becerra said he plans to reintroduce legislation to regulate preparers.
"Tax preparer registration is not the answer to ensuring tax returns are submitted correctly," Daryl J. Hill, executive director of the Oklahoma Society of CPAs, said Tuesday.
"The IRS should first examine the common errors and work to correct those before imposing redundant registration regulations."
Hill said Congress and the IRS should review the existing electronic return originator application process, which overlaps and may even duplicate any registration process.
When it comes to CPAs, Hill said they already are highly regulated and that layering on a registration requirement would be redundant.
He acknowledged that some tax preparers are not certified public accountants. …