Thursday, May 13, 2010

E-File Mandate

The Worker, Homeownership, and Business Assistance Act of 2009, requires tax return preparers who prepare more than ten individual income tax returns in a calendar year to e-file. This was to be effective for returns filed after December 31, 2010.

NATP has it on good authority that the IRS plans to postpone this requirement for one year, but instead will require preparers who prepare more than 100 returns after December 31, 2010, to e-file.

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