The IRS is sending due diligence letters to paid preparers who may be noncompliant in meeting their Earned Income Tax Credit due-diligence requirements. These letters are sent to raise awareness of ...

The IRS is sending Letter 5025-H to preparers who completed returns claiming the Earned Income Tax Credit for taxpayers reporting income they received as household employees but didn’t include a W-2 ...

WASHINGTON — The Internal Revenue Service today issued final regulations requiring paid tax return preparers to file a due diligence checklist, Form 8867, with any federal return claiming the Earned ...

The IRS prepared for tax season by, among other things, sending letters to tax return preparers who it suspects are filing inaccurate claims for the earned income tax credit (EITC). The letters were ...

The IRS is starting this year's Earned Income Tax Credit due diligence compliance audits of return preparers. To select preparers for audits, the service will "look at returns with a high chance of ...

Readers with a good memory may recall that last year Intuit’s Chief Tax Officer David Williams wrote a guest post Intuit Chief Tax Officer Says Reducing EITC Errors Shouldn’t Come On Backs Of Poor i n ...