IRS wants tax preparers to be licensed and regulated
If IRS Commissioner Doug Shulman has his way there will soon be another layer of government added to an already bloated IRS by regulating and licensing all tax preparers. He says that this will help reduce mistakes and combat fraud. Shulman goes on to say, “Paying taxes is one of the largest financial transactions individual Americans have each year, and we need to make sure that professionals who serve them are ethical and ensure the right amount of tax is paid.” Apparently the private sector is incapable of providing this service with integrity so government intervention is mandated.
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