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IRS can’t impose new rules for tax preparers

FALLS CHURCH, Va. — A federal judge on Friday barred the IRS from imposing a series of new regulations, including a competency exam, on hundreds of thousands of tax preparers.

US District Judge James Boasberg in Washington ruled against the IRS in favor of three tax preparers who filed suit last year with the help of a libertarian legal group, the ­Arlington, Va.-based Institute for Justice.

Comments

I'm all for the small-time tax preparers but if your taxes are prepared correctly it could cost the payer lots of money. There's got to be some middle ground so that crappy work isnt rewarded but hard working people can still compete with the big guys.