Taxpayer Protection and Preparer Proficiency Act

This bill changes federal tax law to set new rules and penalties for paid tax return preparers. It would require the Treasury to limit preparer tax identification numbers to people who pass a background check and complete up to 18 hours a year of education, hold a comparable state license, or are CPAs, attorneys, or enrolled agents. The Treasury could suspend or revoke these numbers, or impose fines, for reasons such as repeated errors, unpaid personal taxes, or fraud, with a right to appeal. The bill raises several existing preparer penalties, adds a $250 penalty and a felony for using invalid or another person's identification numbers, and adds a penalty for preparers who take a client's electronic refund.

Full text and official record on Congress.gov

Sponsors

• Jimmy Panetta Democrat sponsor
• 3 cosponsors