5min chapter

The Accounting Podcast cover image

Survey Says Tax Preparers Charge Too Little, Too Late

The Accounting Podcast

CHAPTER

Cloud Accounting Podcast - Dot Promo Slash Dext

The i r s is looking into regulating tax return preparers once again. This all stems from the general worry that tax preparers as a general rule, don't need a license to practise. In louisiana, for example, retail florists have to be licensed. That means any stranger can walk into the office of an uncredentiald tax preparer and ask you to prepare their tax return. Then you, the professional tax preparer person, can demand payment for preparing that tax return. And it's also superstrange that they haven't had anyone buy out part of the firm that doesn't require a license? Because they're buying the private equity firm with this money

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