The U.S. Internal Revenue Service this week lost a request to prevent the partial shutdown of its tax return preparer regulatory program pending an appeal.
In a one-page ruling, the U.S. Court of Appeals for the District of Columbia on Wednesday said the IRS had “not satisfied the stringent requirements” to overturn a lower-court judge’s injunction against the IRS’s new return preparer regulations.
The IRS had hoped to continue, pending an appeal, requirements for test-taking and continuing education that affect thousands of individuals who prepare tax filings.
An IRS spokesman did not immediately have a comment on Wednesday. The IRS has argued it will cost millions of dollars to stop the program.
No date for oral arguments has been scheduled yet for an appeal in this case.
The rules were part of the IRS’s first attempt to regulate the tax return preparation industry.
A federal judge in February affirmed an earlier injunction to stop the testing and education portion of the IRS’s return preparer regulatory program.
Return preparers who do not have professional licenses still need to register with the IRS.
Topics Legislation
Was this article valuable?
Here are more articles you may enjoy.
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
AI for the Defense: Should Insurers or Law Firms Pay? 
Business Interruption Claims Arising From the Middle East Conflict 
