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IRS watching tax pros

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in Small Business Tax

In 2010, the IRS started regulating tax return preparers, relying on an obscure 1884 statute for authority to do so. But practitioners successfully challenged the validity of the program in court. Now the district court’s ruling has been affirmed by a court of appeals. (Loving, Dist. Ct. of D.C. No. 13-5061, 2/14/14)

Note: The IRS may still appeal to the U.S. Supreme Court or seek to implement other measures.

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