Tax season is here, and even if your records are impeccable, changes to tax law regarding who prepares your taxes could impact your future income tax filings. As a result of new regulations, filing taxes with your usual preparer could place you in a precarious situation with the IRS.
After December 31, 2015 important new rules apply for tax preparers. “Non-credentialed preparers without an Annual Filing Season Program – Record of Completion – may only prepare tax returns. The new rules do not allow them to represent clients before the IRS on any returns prepared and filed after December 31, 2015.”
Don’t find yourself without representation before the IRS. Be sure to protect yourself with the knowledge required to assure you have adequate representation through your tax preparer. It could be that your usual tax preparer is no longer qualified to represent you in tax disputes.
For more important information, please click here.
Image courtesy of geralt/Pixabay.com
P.S. Imagine you were offered the opportunity to be coached both on-site and virtually – by the leading expert in the real estate assistant industry through the 10 most important areas of a real estate agent’s business. Introducing The Real Estate Assistant Playbook. Designed for both real estate assistants and agents, The Playbook offers the training you need to excel in the business of real estate today! Visit TheRealEstateAssistantPlaybook.com for more information.