Tougher penalties for tax preparers who break the law are included in a sweeping bipartisan Senate bill designed to overhaul IRS operations and strengthen taxpayer service.

Most paid preparers aren’t subject to any licensing or competency standards. A new bipartisan bill tightens enforcement ...

Efforts in Congress to pass legislation holding all tax preparers to clear federal standards have repeatedly fizzled out.

Paid tax preparers can make serious errors on tax returns, according to a report from the Government Accountability Office ...

Senate Financial Committee leaders introduced bipartisan legislation with changes to IRS procedures and administration, and ...

"Paid preparer errors contribute to billions of dollars in improper claims of refundable tax credits and can have negative consequences for taxpayers," the GAO report says.

Peak tax season is approaching, and with it comes an uptick in fraudulent tax preparers who promise massive refunds, prepare bogus returns then disappear when the IRS comes calling. Consumer ...