During the month of November the IRS is sending letters to more than 21,000 paid tax preparers who prepare a large number of Schedules A, C, and E. The letters, which are slightly threatening, are intended to remind tax preparers of the “consequences of filing incorrect returns and new tax return preparer requirements.” The IRS also plans to visit the offices of about 10% of those receiving letters during the coming tax season (because, the IRS says, many practitioners don’t keep regular office hours outside of tax season).
You can view the letter and IRS FAQs regarding the letters and office visits at:
www.irs.gov/taxpros/article/0,,id=249069,00.html
For more information about this and other important things you'll need to know this coming tax season, attend Spidell's 2011/2012 Fall Federal and California Tax Update Seminar at a location near you. Click here to register now.
