…with the OIC program in general, I will limit my few detailed comments to the proposal at hand. The entire NAEA board of directors and I discussed this proposal at our board meeting earlier this month and we unanimously arrived at the same conclusion—the proposal is a very bad idea and very bad tax policy. While increasing offer quality is an admirable goal, EAs are concerned that this approach is unduly burdensome to taxpayers. While the steep entry cost would…

…conclusion—the proposal is a very bad idea and very bad tax policy. While increasing offer quality is an admirable goal, EAs are concerned that this approach is unduly burdensome to taxpayers. While the steep entry cost would probably prevent fraudulent offers, it will certainly prevent earnest taxpayers from making their offers, too. We believe that at the end of the day, taxpayers have a right to have their tax debt compromised. With IRS permitted to wait 24 months to accept…

…the NAEA Partnerships Certificate Program followed by a half day of optional practice education. Registration opening soon – Find more info here. NAEA Education Event 2023 LEARN: Scottsdale Westin Kierland Resort and Spa – Scottsdale, AZ July 30 – August 1, 2023 Plan ahead to connect with us next year. While the planning is in the early stages, we promise to deliver a memorable experience that exceeds attendee expectations and represents the quality of the nation’s top tax prep organization.​…

…of attorney (Form 2848) and disclosure authorizations (Form 8821). Unfortunately, that deadline has come and passed without the IRS meeting the statutory requirements. As cited in the Ways and Means Committee report, the model for this standard already exists under the Income Verification Express Services (IVES) program and its immediate adoption for Circular 230 tax practitioners (i.e., enrolled agents, certified public accountants and attorneys) would advance the mandate for a uniform standard across all section 6103(c) disclosures. Additionally, by simply…