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A closer look at paid tax preparer regulation

A closer look at paid tax preparer regulation

FromJournal of Accountancy Podcast


A closer look at paid tax preparer regulation

FromJournal of Accountancy Podcast

ratings:
Length:
13 minutes
Released:
May 27, 2021
Format:
Podcast episode

Description

In a letter to the IRS, the AICPA recently offered recommendations on six key areas of regulation of paid tax return preparers. A senior manager on the AICPA’s Tax Policy & Advocacy Team explains more about why the recommendations are needed. Also, learn more about a recent popular article on delivering and receiving feedback. What you’ll learn from this episode: Why it’s important for the IRS to address the issue of unregulated tax return preparers. Insight into preparer tax identification numbers (PTINs) and IRS authority over them. Why the current process to revoke a PTIN can be “time-consuming and costly.” An explanation of supervised, nonsigning return preparers. More on a recent JofA article about delivering and receiving feedback. News on the issuance of nonauthoritative guidance for auditing digital assets, and economic trends to watch.
Released:
May 27, 2021
Format:
Podcast episode

Titles in the series (100)

The AICPA presents the Journal of Accountancy podcast. Where we talk about the key issues facing the accounting profession.