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Abstract

The issue of regulation of tax return preparers has been a controversial topic in the United States in recent years. The IRS has attempted to regulate tax return preparers, but this has been met with great opposition from many accounting professionals, as well as, in the courts. The purpose of this paper is to discuss why states should regulate tax return preparers. We will summarize the events that have occurred in recent years regarding regulation of tax return preparers to heighten awareness of this issue, as well as, to serve as a foundation for future empirical research in this area. Finally, a review of current state regulation of tax preparers will be presented. The broad topic of regulation should also be of interest to all disciplines in business and economics.

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