Comments on: Congress: Tax Preparers Must Police Their Clients http://www.consumerismcommentary.com/2007/07/13/congress-tax-preparers-must-police-their-clients/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 08 Nov 2009 07:50:42 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: » Weekly Roundup: Happy National Ice Cream Month on Blueprint for Financial Prosperity http://www.consumerismcommentary.com/2007/07/13/congress-tax-preparers-must-police-their-clients/#comment-117097 » Weekly Roundup: Happy National Ice Cream Month on Blueprint for Financial Prosperity Sun, 15 Jul 2007 06:08:10 +0000 http://www.consumerismcommentary.com/2007/07/13/congress-tax-preparers-must-police-their-clients/#comment-117097 [...] writes about a law passed in May making your tax preparer a policeman, except that if you do the crime, they do the time with you. Sounds brilliant. [...] [...] writes about a law passed in May making your tax preparer a policeman, except that if you do the crime, they do the time with you. Sounds brilliant. [...]

]]> By: Georgia CPA http://www.consumerismcommentary.com/2007/07/13/congress-tax-preparers-must-police-their-clients/#comment-117071 Georgia CPA Sat, 14 Jul 2007 01:56:58 +0000 http://www.consumerismcommentary.com/2007/07/13/congress-tax-preparers-must-police-their-clients/#comment-117071 This rule is the first step toward licensing tax preparers. Some states have already instituted rules that require tax preparers to have continuing education, to be tested, and to be licensed. Amazing, but true, in most jurisdictions there are no rules to keep anyone from hanging out a sign and calling themselves a tax preparer. I disagree with this new rule because as a preparer I am not in a position to audit my client's finances. I can only rely on the information that they bring to me and the statements that they make to form the judgments necessary to prepare their return. The absolute majority of tax PROFESSIONALS do not encourage, condone, or support tax cheating of any kind. After all, we are taxpayers too. We despise the fly-by-night tax operations run by the greedy, quick-buck, anything for a refund fools. We just apply the laws as Congress writes them. Imagine if the rules on how you do your job were changed over 100 times every year. This rule is the first step toward licensing tax preparers. Some states have already instituted rules that require tax preparers to have continuing education, to be tested, and to be licensed.

Amazing, but true, in most jurisdictions there are no rules to keep anyone from hanging out a sign and calling themselves a tax preparer.

I disagree with this new rule because as a preparer I am not in a position to audit my client’s finances. I can only rely on the information that they bring to me and the statements that they make to form the judgments necessary to prepare their return.

The absolute majority of tax PROFESSIONALS do not encourage, condone, or support tax cheating of any kind. After all, we are taxpayers too. We despise the fly-by-night tax operations run by the greedy, quick-buck, anything for a refund fools.

We just apply the laws as Congress writes them.

Imagine if the rules on how you do your job were changed over 100 times every year.

]]> By: dong http://www.consumerismcommentary.com/2007/07/13/congress-tax-preparers-must-police-their-clients/#comment-117050 dong Fri, 13 Jul 2007 13:25:43 +0000 http://www.consumerismcommentary.com/2007/07/13/congress-tax-preparers-must-police-their-clients/#comment-117050 I'm not into ratting people out, but at the same time these are the tax professionals who are helping their clients fill out their taxes. They are implicity condoning or advocating cheating on taxes when they sign off. Some inadverdantly so, others activley so. They should be held responsible. I have little sympathy for people who cheat on their taxes. I’m not into ratting people out, but at the same time these are the tax professionals who are helping their clients fill out their taxes. They are implicity condoning or advocating cheating on taxes when they sign off. Some inadverdantly so, others activley so. They should be held responsible. I have little sympathy for people who cheat on their taxes.

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