H.R. 8501 · 116th Congress
Tax-preparer Enforcement, Accountability, and Minimum Standards Act
- Stage
- In committee
- Sponsor
- Filemon Vela
- Introduced
- 2020-10-01
- Latest action
- 2020-10-01 · Introduced in House
Summary
Tax-preparer Enforcement, Accountability, and Minimum Standards Act or the TEAMS Act
This bill authorizes the Department of the Treasury to regulate tax return preparers, including by sanctioning preparers for incompetence and disreputable behavior and by establishing minimum competency standards for preparers.