The IRS has actually been sending letters to revenue tax preparers for the previous couple of years reminding them of their responsibility to prepare exact tax returns in support of their customers. Tax PreparationDuring the month of November the IRS began sending letters to more than 21000 tax preparers throughout the country.
The reason for these letters is since the returns prepared during the past tax period have revealed a high percentage of mistakes and also false impressions of the tax regulation. Tax PreparationThe company will be focusing on preparers who prepared a large number of individual returns with Schedules A (Itemized Reductions) C (Earnings or Loss from a Company) as well as E (Supplemental Income or Loss) throughout the past filing season.
The letter contains an encased records related to Schedules A C as well as E. Tax Preparation The files address some tax concerns that the IRS review takes into consideration to have been misunderstood or misinterpreted.