Front Page
NMJ Search
NMJ Radio
Constitutional Literacy
NMJ Shop
Links, Etc...
Site Information
About Us
Contact Us
  US Senate
  US House

Unless the judge intervenes, many tax preparers -- perhaps tens of thousands -- are expected to close their doors rather than comply with these costly and time-consuming regulations.
Social Bookmarking
Print this page.
IRS Rule Threatens Small
Businesses That Prepare Tax Returns

The Washington Examiner
Small business owners who prepare tax returns for a living every year must either seek additional training or close their doors due to a new Internal Revenue Service regulation set to take effect at the end of this year.

“Despite a federal lawsuit filed in March by three independent tax preparers and the Institute for Justice (IJ), the IRS refuses to budge on its December 31 deadline for roughly 350,000 tax-return preparers to comply with a mandatory continuing-education requirement, which will be followed next year by an IRS-mandated exam,” IJ’s Dan Alban writes at Doublethink Magazine.

“Unless the judge intervenes, many tax preparers -- perhaps tens of thousands -- are expected to close their doors rather than comply with these costly and time-consuming regulations that could waste up to 5 million man-hours,” Alban adds.

IJ points out that the regulation is a gift for big tax preparation businesses. “Not surprisingly, large tax preparation firms lobbied for this new licensing scheme,” Alban writes, noting that the rule could shut down mom-and-pop shops, to the advantage of big businesses.

Alban’s argument comes as so surprise to readers of The Washington Examiner’s Tim Carney, who has often debunked the myth that large companies are relentless antagonists of government regulators by pointing out numerous ways that “Big Business profits from Big Government in ways they wouldn’t profit in a freer market.”


Editor's Note: So, let's make sure everyone is clear on this...Mr. Obama ran on a platform that included putting middle class America first where jobs and job creation is concerned. Understanding, as thinking people do, that government cannot create jobs unless it expands, what it can do is limit its interaction with the private sector so the private sector can create jobs...That said, Mr. Obama's Treasury Department is -- through this initiative -- killing jobs in the middle class. So, was he lying when he said he champions the middle class? It's well past time to look beyond the marketing of the Obama brand and look at exactly what he has and hasn't done...

The informational and educational pamphlet series is now available for Kindle and iPad. Click here to find out more...

The New Media Journal and are not funded by outside sources. We exist exclusively on donations from our readers and contributors.
Please make a sustaining donation today.

Opinions expressed by contributing writers are expressly their own and may or may not represent the opinions of, its editorial staff, board or organization.  Reprint inquiries should be directed to the author of the article. Contact the editor for a link request to is not affiliated with any mainstream media organizations. is not supported by any political organization.  Responsibility for the accuracy of cited content is expressly that of the contributing author. All original content offered by is copyrighted. supports and its goal: the liberation of the American voter from partisan politics and special interests in government through the primary-source, fact-based education of the American people.

FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance a more in-depth understanding of critical issues facing the world. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 USC Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

The Media © 1998-2014    Content Copyright © Individual authors
Powered by ExpressionEngine 1.70 and M3Server