IRS Visits to Tax Preparers | AccountingWEB

IRS Visits to Tax Preparers

Last fall, we learned that the IRS was planning to make some in-person visits to tax return preparers as part of a larger process of spot-checking to make sure tax preparers are following through on their obligations to prepare accurate tax returns. The Treasury Inspector General for Tax Administration (TIGTA) has performed a review of the reports on those visits, and has determined that the results of the in-person reviews were somewhat lackluster.

Those who were visited by the IRS reported a positive experience with the IRS representatives, but 70 percent of those visited indicated they didn't expect to make any changes in their preparation process, even though the IRS targeted those preparers because they typically prepare forms on which errors are likely to occur. TiGTA recommended that the IRS create a better plan for identifying tax preparers who actually do make errors on the tax forms and work with them to improve results. In theory, this sounds like an excellent plan. Without specific targeting of tax preparers who are having problems, the program might be shelved.

This blog

Caleb Newquist is the Editor-in-Chief of Sift Media US, overseeing content for both AccountingWEB and Going Concern.

Prior to this role, Caleb served as the editor of Going Concern since its founding in 2009. During his time as editor, Going Concern quickly became one of the most popular and talked about websites in the accounting profession. He has been named one of Accounting Today's Top 100 Most Influential People every year since 2011 and has been published on numerous websites, including Above the Law, Deadspin, Denver Business Journal, and the Huffington Post.

Caleb is an adjunct professor of journalism the Community College of Denver in Denver, Colorado, where he teaches Internet Media.

Prior to falling bass ackwards into the media business, Caleb spent over five years working in public accounting, with more than three of those years at KPMG. Caleb received a Master of Science in Accounting from Colorado State University and a Bachelor of Science in Business Administration from the University of Nebraska at Kearney.

Caleb spends a lot of time on a bicycle and reading, but never at the same time.

More from this blog