December 28, 2013

Tax Preparers without EITC Checklists to Be Penalized

Tax Preparers without EITC Checklists to Be Penalized

The Internal Revenue Service is warning tax preparers who do not send a Form 8867, “Paid Preparer's Earned Income Credit” Checklist,” with the tax returns they file for clients who claim the EITC that they are subject to a $500 penalty per return.

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