Tax Return Preparer Accountability Act of 2017
- Last Action
- 2/15/2017
Actions
- 2017-02-15Referred to the House Committee on Ways and Means.
- 2017-02-15Sponsor introductory remarks on measure. (CR E201)
- 2017-02-15Introduced in House
- 2017-02-15Introduced in House
CRS Summary
As of 2017-02-15 (00)
Tax Return Preparer Accountability Act of 2017
This bill requires the Department of the Treasury to regulate tax return preparers who are not otherwise subject to regulation. The bill authorizes Treasury to impose a $1,000 penalty for each federal tax return or other document prepared by a tax return preparer during a period in which such preparer: (1) is not in compliance with applicable Treasury regulations, or (2) is suspended or disbarred from acting as a tax return preparer under such regulations.
Cosponsors (3)
- ELEANOR NORTON (D-DC)
- CAROLYN MALONEY (D-NY)
- Robert Scott (D-VA)
Subjects
- Accounting and auditing
- Administrative law and regulatory procedures
- Department of the Treasury
- Licensing and registrations
- Tax administration and collection, taxpayers
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.