Minnesota May Publish Convicted Preparers List

The Minnesota legislature is considering an all-encompassing collection of tax measures with several provisions of interest to enrolled agents. Under the bill, MNSF 610/HF 496, E@lert reports, tax returns would have to include the taxpayer's date of birth and – if prepared by a paid preparer – the identification number the preparer includes on federal tax returns.

The legislation also would require the publishing of lists of tax preparers who have been convicted of any of a number of different violations of state law (failure to file, failure to pay, understatement of liability, etc.). The bill was introduced in the House and Senate and was amended in the House Taxation Committee.

You may like these other stories...

While reputational risk is the No. 1 nonfinancial concern among corporate directors, cybersecurity/IT risk is gaining steam. In fact, both private companies and organizations with more than $1 billion in revenue felt they...
We've all been there. Trying to make our work-lives more efficient, transfer knowledge to newer team members, and leverage our practices. Sometimes it works, and sometimes, well, the result is embarrassing at best.Here...
From May 20-23, the Association for Accounting Marketing (AAM) held its annual conference. Frequent contributor Sally Glick picked up some ideas that she will be sharing with us in the coming days, as she has done in...

Upcoming CPE Webinars

Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.