IRS News - Preparers Suspected of Filing Inaccurate EITC Claims Receive Warning Letters

08 Nov 2013 6:59 PM | Anonymous

During November and December, the IRS will send letters to preparers suspected of filing inaccurate EITC claims. The letters detail the critical issues identified on the returns, explain the consequences of filing inaccurate claims for EITC and advise preparers that IRS will continue monitoring the types of EITC claims they file. Filing inaccurate EITC claims may result in penalty assessment, revocation of IRS e-file privileges and other consequences including barring preparers from tax return preparation.

IRS also plans to conduct visits to some tax preparers to provide education and outreach on meeting EITC Due Diligence requirements.

Avoid penalties. Visit EITC Central to learn more about IRS compliance initiatives and EITC Due Diligence.

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