A recent survey found that "54 percent of Canadians like preparing to file their taxes," and that "57 percent say their files are organized throughout the year." The results would indicate that our friends to the north are a bit off, pathological liars or maybe it's because they're actually capable of having a sense of humor about the whole process. [CGA]
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Quote of the Day: Help Doug Shulman Help You | 03.09.10
- Caleb Newquist
- March 10, 2010
“A lot of people think of the IRS and have a little bit of fear of the IRS and we want to make sure they know that our doors are open, our people are empowered to make decisions and our goal is to resolve your problem.”
~ Doug Shulman, IRS Commish, who doesn’t prepare his own taxes but wants to help you with yours.
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- Caleb Newquist
- March 8, 2017
During the presidential campaign, bellowing fast food connoisseur Donald J. Trump said that his tax […]
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Gird Your Loins, Unscrupulous Tax Preparers
- Caleb Newquist
- April 26, 2011
The IRS is on you like white on rice.
The Internal Revenue Service is taking steps to stop tax preparers with criminal tax convictions or permanent injunctions from preparing tax returns. This is just one of several recent moves to improve the quality and oversight of the tax preparation industry.
More than 700,000 tax preparers nationwide have registered with the IRS and obtained Preparer Tax Identification Numbers (PTINs). This nine-digit number must be used by paid tax return preparers on all returns or claims for refund. Paid preparers must renew their PTINs annually to legally prepare tax returns.
“We owe it to all taxpayers and the many honest tax return preparers to remove the relatively small number of bad actors from the tax preparation industry,” said Doug Shulman, IRS Commissioner. “Just one unscrupulous tax return preparer can cause a lot of financial damage to both taxpayers and the tax system.”
Nineteen ne’er-do-wells have already gotten word that they’ll be stripped of their PTINs for unseemly behavior of some kind or another. Best get that CPA so you don’t have to mess with the whole thing…until you the IRS lumps them in too.
IRS Begins Enforcement of New Return Preparer Rules [IRS]