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PBS NEWSHOUR

Is your tax preparer actually prepared?

  • Aired: 04/05/2014
  • 08:52
  • Rating: NR
Each year about 42 million tax returns are prepared by tax professionals who are unaccredited and unregulated by the IRS. After a plan to regulate them was struck down by a federal court last year, there's more regulation on hairdressers in most of the country. Critics say this leaves low-income taxpayers particularly vulnerable. But does licensing tax preparers mean tax preparation will improve?
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Is your tax preparer actually prepared?
Is your tax preparer actually prepared?
Many returns are prepared by professionals who are unaccredited and unregulated by the IRS
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