The Internal Revenue Service issued a statement on Feb. 3 telling some people to hold off on filing taxes….(read more)

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The Internal Revenue Service (IRS) recently released new guidance that is causing a major disruption to the work of local tax accountants.

The new guidance, which was released in April, requires tax preparers to use the IRS’s online filing system for most individual tax returns. This means that tax preparers who have traditionally used paper filing methods must now learn how to use the online system.

The new guidance also requires tax preparers to have a valid Preparer Tax Identification Number (PTIN) in order to file electronically. This is a major change for many local tax preparers, as many of them have not had to obtain a PTIN in the past.

The IRS has stated that the new guidance is intended to improve the accuracy of tax returns and reduce the risk of fraud. However, many local tax preparers are concerned that the new guidance will make their jobs more difficult and time-consuming.

Some tax preparers are also worried that the new guidance will make it harder for them to make a living, as the new system requires more time and effort to use.

The IRS has stated that they will provide training and support to help tax preparers transition to the new system. However, many local tax preparers are still concerned about the impact the new guidance will have on their livelihoods.

The new guidance is a major disruption to the work of local tax preparers, and many of them are still trying to figure out how to best adjust to the new requirements. It remains to be seen how the new guidance will affect the work of local tax preparers in the long run.