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New Rules for Tax Return Preparers

This act introduces new requirements for individuals who professionally assist with tax returns. The goal is to increase citizens' security and confidence that their tax matters are handled by competent professionals. This allows citizens to feel more secure entrusting their finances to qualified individuals.
Key points
Tax return preparers will need to meet minimum standards, such as passing an exam, completing continuing education, and undergoing a background check.
Penalties will be introduced for tax return preparers who mislead or threaten clients.
The IRS will be able to revoke a tax return preparer's identification number if they are found to be incompetent or disreputable.
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Additional Information
Print number: 117_HR_4184
Sponsor: Rep. Panetta, Jimmy [D-CA-20]
Process start date: 2021-06-25
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Taxpayer Protection and Preparer Proficiency Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4184.

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 2021-06-25.

What are the main provisions?

Key points include:

  • Tax return preparers will need to meet minimum standards, such as passing an exam, completing continuing education, and undergoing a background check.
  • Penalties will be introduced for tax return preparers who mislead or threaten clients.
  • The IRS will be able to revoke a tax return preparer's identification number if they are found to be incompetent or disreputable.
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. Panetta, Jimmy [D-CA-20].

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