Blog Archives

Yet More Evidence Paid Preparer Regulations Are Necessary (and Working)

Tax Preparation Sign

Preparer fraud threatens the effectiveness and integrity of the EITC and CTC

A few months ago, in response to a lawsuit to stop regulations for paid tax preparers, we reiterated our support for new rules requiring them to pass a competency exam and participate in continuing education.

To re-reiterate: Like everyone else, low-income filers deserve access to high-quality service when meeting their tax obligations. Mistakes on the tax returns of low-income taxpayers can cost them hundreds or thousands of dollars, immediately or further down the road.

But there’s even more at stake. Read the rest of this entry

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Targeting Low-Income Kids: More Arguments, Making Even Less Sense

Kids PlayingAs we’ve written before, the Additional Child Tax Credit (ACTC) remains under the gun and, with it, the support on which more than 4 million families rely for feeding, clothing and housing their kids. Two U.S. Senate bills now have joined earlier, U.S. House proposals aimed at eliminating ACTC refunds for households who file their taxes with Individual Taxpayer Identification Numbers (ITINs) – thus targeting many working taxpayers who are only complying with federal law mandating that they pay taxes. Read the rest of this entry