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New Rules for Tax Preparers: Competency and Accountability

This act introduces new, mandatory standards for individuals who assist with tax returns. The goal is to enhance their competence and accountability, potentially leading to greater security and accuracy in tax filings for citizens. This should provide citizens with more confidence when using the services of such professionals.
Key points
Mandatory exams and training for tax preparers, including a high school diploma or equivalent requirement.
Regular renewal of qualifications through an exam every 5 years and continuing education every 2 years.
Mandatory background checks (no felony convictions) for tax preparers.
Authority to revoke a tax preparer's identification number for incompetence or disreputable conduct.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_HR_3737
Sponsor: Rep. Vela, Filemon [D-TX-34]
Process start date: 2021-06-04
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

TEAMS Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_3737.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-06-04.

What are the main provisions?

Key points include:

  • Mandatory exams and training for tax preparers, including a high school diploma or equivalent requirement.
  • Regular renewal of qualifications through an exam every 5 years and continuing education every 2 years.
  • Mandatory background checks (no felony convictions) for tax preparers.
  • Authority to revoke a tax preparer's identification number for incompetence or disreputable conduct.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Vela, Filemon [D-TX-34].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Taxes