IRS may regulate tax return preparers

You can read the full article here.  I’m a little irked by this.  I think the article didn’t help, though when they quote someone from H&R Block in support of the proposed regulation.  I prepare tax returns.  I don’t do a lot of them but am qualified to prepare them.  I do have some companies that I referred clients to for a variety of reasons.

This one line in the article pretty much sums it up for me:  “The regulation would be hardest on the large swath of small tax preparation companies.”  Of course, H&R Block’s chairman strongly supports this proposed regulation.

Imagine that.

Oh well…depending on what the requirements are we’ll see what happens to that service offering of mine.