The changes have been in the news, however, if you weren’t
looking for it, you may have not noticed.
The end results, of the Internal Revenue changes appear to be slow and
deliberate. After 2013 there will be no
more tax professionals available to the public who are not registered and
tested by either the State or the Feds.
Starting January 1, 2014, the Internal Revenue Service will
have its hand on the pulse of every tax professional either directly or
indirectly, depending on the initials behind their names.
Tax Attorneys and CPAs will continue to be screened, tested
and licensed by the State in which they live or do business in. Enrolled Agents and Registered Tax Return
Preparers (RTRP) will be screened and tested by the Department of Treasury,
Internal Revenue Service.
When you first look at this new organizational chart the tax
professionals who represent the IRS, as Independent Contractors, you might
believe the recent changes would benefit Tax Attorneys and CPAs, and for the
most part this could be true.
Yet, one you become a part of the changes by completing the
new requirements imposed upon tax preparers, you begin to see a slightly
different picture emerging. The change
enables, the IRS to become completely self-contained.
With the new Registered Tax Return Preparer (RTRP) the IRS
has managed to enroll and register all levels of individual tax preparers, who
prepare taxes for a fee, except Tax Attorneys and CPAs, who are licensed by the
States.
Enrolled Agents and RTRP have no state boundaries and can
work across state lines. Get ready
people, because a change has already occurred when most of us weren’t
looking. My grandfather always said it
was the “little things,” that you have to watch out for.
