The IRS recently mailed out “warning letters” to more than 21,000 tax return preparers. The letters, which remind the preparers of their obligations to prepare accurate returns for clients, were targeted at professionals who filed returns in 2011 with a high percentage of errors.
But now the IRS admits that its computer system for ferreting out mistake-prone preparers needs fine-tuning. Only 10% of the letter recipients will receive call-backs.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/29820/a-scarlet-letter "