A closer look at paid tax preparer regulation

In a letter to the IRS, the AICPA recently offered recommendations on six key areas of regulation of paid tax return preparers. A senior manager on the AICPA's Tax Policy & Advocacy Team explains more about why the recommendations are needed.

Also, learn more about a recent popular article on delivering and receiving feedback.

What you'll learn from this episode:

• Why it's important for the IRS to address the issue of unregulated tax return preparers.
• Insight into preparer tax identification numbers (PTINs) and IRS authority over them.
• Why the current process to revoke a PTIN can be "time-consuming and costly."
• An explanation of supervised, nonsigning return preparers.
• More on a recent JofA article about delivering and receiving feedback.
• News on the issuance of nonauthoritative guidance for auditing digital assets, and economic trends to watch.