This piece seeks to lay the framework for how such a voluntary compliance certification program would work and to discuss the benefits of such a system that are currently not being realized through the IRS’s current regulation of paid preparers. Part II summarizes in brief the current regulatory landscape for paid preparers and illustrates that the current environment falls short in providing a mechanism to allow the government to better direct its enforcement resources and to incentivize a culture of compliance among tax preparers and their clients. Part III describes in general terms how a voluntary compliance certification system should be structured in order to achieve these benefits. Part IV describes in greater detail the compliance and related gains that can be achieved through a voluntary compliance certification system.
W. Edward Afield,
A Market for Tax Compliance,
62 Clev. St. L. Rev.
available at https://engagedscholarship.csuohio.edu/clevstlrev/vol62/iss2/5