In a surprise decision, a federal court in Washington, D.C., has struck down the new IRS licensing program for tax return preparers. (Loving v. IRS, No. 12-385 (JEB), U.S. Dist. Ct. DC, 1/18/13)
The new ruling permanently enjoins the IRS from continuing the program. It could affect as many as 700,000 preparers. The IRS is expected to appeal.