Monthly Archives: February 2014

U.S. Courts of Appeals Strikes Down New IRS Regulation to Register Paid Tax Return Preparers

On Tuesday, February 11, 2014, the U.S. Court of Appeals for the District of Columbia struck down the Internal Revenue Service’s new licensing requirements for all paid tax return preparers. In 2011 the Department of Treasury issued new regulations regarding the registration and licensing of paid tax return preparers.  Under Treasury ...

Commissioner Amy Pitter Announces Impressive Mediation Goal: One-Third of All Disputes Involving $250,000 or More To Be Mediated

Boston, February 10, 2014 - In her remarks before the Annual State Tax Conference of the Massachusetts Society of CPAs at the Sheraton Framingham on Thursday, January 23, 2014, Commissioner Pitter announced an impressive goal – that one-third of all appropriate cases be mediated. She listed the following ...

IRS Announces Expansion of Fast Track Settlement Program for Businesses Nationwide

 On November 6, 2013, the IRS announced the nationwide expansion of the Fast Track Settlement (FTS) program to small businesses and self-employed individuals.[1] Prior to this announcement, FTS was only available to (1) large and mid-size businesses with more than $10 million in asset

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