The IRS will amend 2016 proposed return preparer rules to reflect a recent law change. The 2018 Budget Reconciliation Act expanded the penalty to preparers who fail to use due diligence when they determine head of household status. Due Diligence Rules for Head of Household Status The new preparer due diligence regulations add a reference to […]
The post Preparer Due Diligence Rules Include Head of Household Eligibility (NPRM REG-103474-18) appeared first on Tax & Accounting Blog.