Tax >> Browse Articles >> Federal

Tax >> Browse Articles >> Forms and Documents

Tax >> Browse Articles >> Small Business

Tax >> Browse Articles >> State & Local


AICPA Expresses Concern Over Plan to Certify Non-CPAs

AICPA Expresses Concern Over Plan to Certify Non-CPAs

PRNewswire via Yellowbrix

WASHINGTON, Jan. 5 /PRNewswire-USNewswire/ — The American Institute of Certified Public Accountants supports a proposal announced today by the IRS to regulate U.S. tax preparers by requiring nationwide registration of paid tax return preparers in 2011. The IRS’s goals are to enhance compliance and elevate ethical conduct of tax preparers which are consistent with the AICPA’s code of conduct and tax standards.

“The AICPA worked closely with the IRS during the public comment period leading up to this proposal and we believe this change will foster greater compliance with the tax code and better, more reliable service for U.S. taxpayers across the board,” said AICPA President and CEO Barry Melancon.

Quiz: Do You Belong in The Office?

Maybe you don't work at Dunder-Mifflin, but doesn't it feel that way sometimes? So if you found yourself working in Scranton, which Office employee would you be? Take a break from pushing that paper and find out!

Take it now!...

“However, we have concerns about the IRS plan to provide tax preparers who are not already CPAs, enrolled agents or attorneys with a certification based on limited qualifications,” Melancon said. “A new IRS examination process may cause confusion among taxpayers about the relative qualifications of tax return preparers.”

The IRS plans to conduct a campaign to educate the public about the need to regulate tax preparers and the AICPA will work with the IRS to help it implement the recommendations to meet both the public interest and CPA practice requirements.

About the AICPA

The American Institute of Certified Public Accountants ( is the national, professional association of CPAs, with more than 360,000 members, including CPAs in business and industry, public practice, government, and education. It sets ethical standards for the profession and U.S. auditing standards for audits of private companies; federal, state and local governments; and not-for-profit organizations. It develops and grades the Uniform CPA Examination.

The AICPA maintains offices in New York; Washington, D.C.; Durham, N.C.; Ewing, N.J.; and Lewisville, Texas.

SOURCE American Institute of Certified Public Accountants

Originally published by American Institute of Certified Public Accountants.

© 2010 PRNewswire. Provided by ProQuest LLC. All rights Reserved.

©2009 Yellowbrix, Inc.

Related Reads: