IRS Announces New Tax Preparer Program To Mixed Reactions

There will be a tax preparer certification program after all. That was the word from Internal Revenue Service Commissioner John Koskinen. If you’re scratching your head after Loving v. Commissioner and wondering how that’s possible, here’s your answer: the program will be voluntary. Following losses at the lower court and the appellate court which held that IRS did not have the authority to regulate preparers, the IRS dropped the matter. For the 2014 tax season, tax preparers were required to have a preparer tax identification number (PTIN) but were not required to engage in testing or continuing education requirements; similarly, …

Daugerdas Sentenced To Prison, Ending Biggest Tax Prosecution Ever

Of all of the stories that I’ve ever covered over the years, by far the one I’ve received the most questions about after the fact was this one: What ever happened to Paul Daugerdas? I’ve been following the story since 2006 after allegations surfaced that Jenkens Gilchrist might have been involved in offering up some not-so-questionable tax shelter advice that the Internal Revenue Service finally declared improper. One of the attorneys involved in that scandal was Paul Daugerdas (the other notable Jenkens attorney was Donna M. Guerin). Jenkens eventually folded and a number of defendants, Daugerdas and Guerin included, were …

She’s Just Not That Into You: 11 Reasons Your Tax Pro Wants To Call It Off

You thought about it for a long time. You talked about it for weeks. There were letters and emails and maybe even the occasional phone call. You were counting down the days. And then it happened. You filed your taxes. You got your copies (and maybe a little refund on the side). But now that’s it’s over, maybe you’re feeling a little let down. You haven’t heard from your tax professional in a while. And you’re getting the sense that maybe she* wants to move on. Spoiler alert: She probably does. Let me break it down for you: taxes may …

Appellate Court To IRS: You’ve Lost That Loving Tax Case (Again)

The Appellate Court leveled a blow at IRS attempts to regulate tax preparers this week, finding that IRS did not have the authority to do so. Dan Alban, lead attorney for the plaintiffs who brought the original case, lauded it as good news. He had said previously that “Tax preparers have the right to earn an honest living without permission from IRS.” Looks like he was right.