H.R. 4751 · 116th Congress

Tax Return Preparer Accountability Act of 2019

Stage
In committee
Introduced
2019-10-18
Latest action
2019-10-18 · Introduced in House

Summary

Tax Return Preparer Accountability Act of 2019

This bill requires the Department of the Treasury to regulate tax return preparers who are not otherwise subject to regulation. The bill authorizes Treasury to impose a $1,000 penalty for each federal tax return or other document prepared by a tax return preparer during a period in which such preparer (1) is not in compliance with applicable Treasury regulations, or (2) is suspended or disbarred from acting as a tax return preparer under such regulations.