The IRS has announced that it will not appeal the results of the - TopicsExpress



          

The IRS has announced that it will not appeal the results of the Loving case to the Supreme Court. This means that the IRS attempt to regulate tax return preparers is a dead issue for now. Since the courts ruled that the IRS did not have that authority, it would take an act of Congress to enable such regulation. Given the current relationship between Congress and the IRS, this is seen as unlikely in the near term. Several bills have been proposed but none have come close to passage. taxingsubjects/taxindustryupdates/irs-drops-effort-to-regulate-tax-preparers?kme=FB&km_subcategory=FB&km_id=DRS-FB
Posted on: Wed, 14 May 2014 14:18:18 +0000

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