12 Conservative Groups Back 18-Hour IRS Preparer Rule in Senate Tax Bill
Updated
Updated · POLITICO · Nov 2
12 Conservative Groups Back 18-Hour IRS Preparer Rule in Senate Tax Bill
1 articles · Updated · POLITICO · Nov 2
Summary
A dozen conservative groups urged House lawmakers to pass the Senate’s Taxpayer Assistance and Service Act, arguing its paid-preparer provisions would permit only limited IRS oversight rather than broad new regulation.
The bill would require uncredentialed paid preparers to complete no more than 18 hours of annual continuing education, while barring the IRS from imposing licensing or competency tests.
That defense came less than a week after 17 conservative and libertarian groups asked Speaker Mike Johnson to block the preparer standards, saying the IRS already has tools to police fraud and warning the rules could drive thousands from the market.
The split has emerged among groups that once jointly opposed Obama-era preparer rules struck down in 2014, complicating prospects for one of the few contested pieces of a broadly popular Senate tax-administration package.