* Kelly Phillips Erb reports that “IRS Hit With Class Action Suit Over Tax Preparer User Fees” at FORBES.COM.
The suit, Adam Steele, Brittany Montrois et al versus United States of America, challenges the Internal Revenue Service ability to charge an excessive “user fee” to tax preparers each year to renew their required PTIN (Preparer Taxpayer Identification Number).
“Once the mandatory RTRP regulation regime has been finally declared truly dead, the tax preparer membership organizations should actively lobby the IRS to reduce, or eliminate, the initial and annual PTIN fees.”
Well the RTRP scheme has been officially dead for some time now – and this is the first I have heard of any attempt to address the excessive PTIN fee.
* Here is something I came across reading a local paper while having Sunday breakfast at the Milford Diner.