…due). Housing—HR 3221, [late July] the Housing and Economic Recovery Act of 2008, which many believe is the most significant housing legislation in a generation, overhauled Fannie Mae and Freddie Mac oversight and is expected to stabilize the nation’s housing market. The law includes a sizable tax title, including: a first-time homebuyer credit of up to $7,500 (though beware as the small print says this credit is actually an interest free loan that must be repaid to IRS in even…
…ever been. All tax preparers and EA’s should be honing their skills on new and improved ways to manage and expand their practices in order to stay relevant and competitive in the ever-growing tax market. Learn more about how to run your tax business from A to Z. Courses will include how to start and build a successful tax business, learning all about accounting for tax pros and which tax software to buy. You can also learn how to streamline…
…and business taxpayers. EAs adhere to a code of ethics and professional conduct and are required by IRS to take continuing professional education. Like attorneys and certified public accountants, enrolled agents are governed by Treasury Circular 230 in their practice before IRS. Since its founding in 1972, NAEA has been the enrolled agents’ primary advocate before Congress and IRS. NAEA has affiliates and chapters in 42 states. For additional information about NAEA, please go to our website at www.naea.org. http://www.house.gov/jct/x-29-07.pdf…
…and business taxpayers. EAs adhere to a code of ethics and professional conduct and are required by IRS to take continuing professional education. Like attorneys and certified public accountants, enrolled agents are governed by Treasury Circular 230 in their practice before IRS. Since its founding in 1972, NAEA has been the enrolled agents’ primary advocate before Congress and IRS. NAEA has affiliates and chapters in 42 states. For additional information about NAEA, please go to our website at www.naea.org. 1http://www.house.gov/jct/x-29-07.pdf…
…administrators. As always, we look forward to continuing to work with you on creating a common sense, rigorous oversight framework that protects all taxpayers, levels the industry playing field, and produces more accurate tax returns. Sincerely, Francis X. Degen, EA, USTCP President cc: Steven Miller, Deputy Commissioner for Services and Enforcement Karen Hawkins, Director, Office of Professional Responsibility 1 “Frequently Asked Questions: Testing Requirements, FAQ b1,” posted July 18, 2011, http://www.irs.gov/taxpros/article/0,,id=239683,00.html. 2 Frequently Asked Questions: Testing Requirements, FAQ b7,” http://www.irs.gov/taxpros/article/0,,id=239683,00.html…
