The Journal of Accountancy posted an article, IRS Finalizes Circular 230 Regulations, June 1, 2011.
The IRS implemented TD 9527 which revises Circular 230. All paid tax return preparers must register for a preparer tax identification number and pass a tax compliance and suitablility check. The designation of "registered tax return preparer" is also implemented which includes a continuing education requirement and compliance with rules regarding advertising and solicitation.
HAT TIP: Wills Trusts and Estates Prof Blog
Posted by Adam Fleischer, Associate Editor, Wealth Strategies Journal

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