IRS Cracks Down on Fraudulent Tax Preparers
Every community has their share, preparers that just violate the law. I have seen 3 in my community, in the last few years. The devastation these people create is phenomenal.
Fraudulent preparers leave victims in doubt for years. The IRS must stop these preparers quicker. These preparers that are filing fraudulent returns are the reasons for the increased scrutiny of the industry. Fraudulent preparers are the driving force behind the licensing and testing of preparers. If you have to have a license to cut hair, why don’t you need a license to prepare income tax returns?
Furthermore, the article from US News and World Report, written by Alex Kingsbury, cites some fantastic statistics. In 2001 the government prosecuted, 1 preparer, since 2001 the government has prosecuted 435 preparers. That represents 62 prosecutions annually, since 2001.
Is anybody doing their job? I cannot believe that the government could only find 62 preparers to prosecute, remember I have seen 3 fraudulent preparers in my community. None of the preparers have been prosecuted.
My firm offers all of the products of a chain preparer; however, we have a year round office and highly trained staff members. The biggest difference between my firm and a chain preparer, we are open and honest about our fees. I take my fair share of clients from the chain preparers. Those clients that come from the chain preparers, they have no idea what they paid in fees to prepare their tax returns.
The lack of licensing and transparent fees, make me wonder, why anyone would use a chain preparer. If you are tired of paying too much, and want better tax preparation service, call me, 260-489-0818 ext 103, or call me toll free at 877-489-8999.
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