millions in refunds Archives - Federal Direct Tax https://www.federaldirecttax.com/blog/tag/millions-in-refunds/ Helping Individuals & Businesses Enter The Tax Preparation Industry Fri, 20 Dec 2013 15:38:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 IRS May Fine 122,133 Paid Tax Preparers $345 Million in Penalties https://www.federaldirecttax.com/blog/irs-may-fine-122133-paid-tax-preparers-345-million-in-penalties/ Fri, 20 Dec 2013 15:38:25 +0000 http://www.federaldirecttax.com/blog/?p=1576 Last tax season marked an increasing level of noncompliance by tax preparers with the Internal Revenue Service’s due diligence reporting requirements for the Earned Income Tax Credit, according to a new report reviewing the IRS’s performance during the delayed tax season. The report, from the Treasury Inspector General for Tax Administration, found that as of […]

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