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Tax Preparer matters

Accounting Today

November 9, 2017

The IRS is sending due diligence letters to preparers who may be noncompliant in meeting due diligence requirements and who completed questionable refundable credit claims.

These letters are sent to raise awareness of questionable returns and assist preparers in meeting due diligence requirements. The IRS will continue to monitor the refundable credit returns prepared in the upcoming filing season to see if the quality of the preparers’ returns improves.

Your choice of a tax preparer matters!

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