IRS Wants Salt Lake City Tax Preparers
IRS Wants Salt Lake City Tax Preparers – to Be Their “Homeboys”
It appears that the IRS is involved in a campaign of intimidation. The IRS is sending out letters to thousands of professional tax return preparers stating that “the returns they prepared for clients during the most recent filing season have a high percentage of attributes associated with returns typically containing inaccuracies and misinterpretations of tax law”! Is that so?! Not only does a letter of this type offend me but I highly disagree with this method and the amount of my time (as well as other professional CPAs time) they will waste with this program! The letter further states “We will visit some return preparers who receive this letter starting in November to confirm compliance with return preparer requirements”. I understand the need to police those preparers that have no business preparing returns because they are unethical or lack the knowledge or education to prepare a return accurately, but to target tax professionals that have prepared returns for years and have no history of excessive audits of their client’s returns nor situations where significant tax dollars have been recovered because of tax preparer error is plain ridiculous! The only conclusion that I can draw from their current methodology is that they are trying to intimidate the tax preparer community to the point where they look out for the government’s best interests instead of their client’s best interests through proper tax planning and prudent identification of tax benefits and savings. What is your opinion? I would like to know! (IRS Wants Salt Lake City Tax Preparers – to Be Their “Homeboys”)