Finanse publiczne · 18/07/2018

IRS Proposes Changes to Tax Return Preparer Penalty Under Section 6695(g)

The Internal Revenue Service (IRS) has released proposed regulations to expand the scope of the tax return preparer due diligence penalty under Section 6695(g) of the Internal Revenue Code, affecting tax return preparers and their eligibility to file returns or claim refunds as head of household.