Testing program for tax preparers on hold — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
The IRS has declined to appeal the decision striking down new regulatory requirements for professional tax return preparers. Previously, the IRS had imposed new testing and continuing education requirements on paid tax return preparers, with certain exemptions. But the requirements were struck down as being unconstitutional. (Loving, D.C. No. No. 13-5061, 2/14/14)
New HR laws and regulations carry stringent rules on electronic records – and stiff penalties for noncompliance. And you can be sure that a savvy plaintiff’s attorney will pounce on any electronic sins of commission OR omission....Click here to find out more.