Preparer Responsibilities and Penalties
Beyond preparing clients' tax returns, a tax return preparer also must understand and comply with e-file procedures, safeguard client information, and comply with other IRS rules and regulations. Tax return preparers also must carefully follow the IRS rules for representing taxpayers.
Penalties may be imposed on a tax preparer for actions taken or not taken. Awareness of these penalties and the proper procedures can help a preparer comply with the law and avoid penalties.
Compliance with e-file Procedures
In most cases, the tax preparer must e-file returns, as described in Chapter 37.
Violating e-file procedures, including noncompliance with ...