Institute for Justice takes on the IRS
The Internal Revenue Service is a thorn in everyone’s side. Americans dread April 15th every year, when they have to file their tax return. But now they’re not only hounding taxpayers, but also tax preparers.
According to a new policy implemented by the IRS, smaller, independent tax preparers are now required to become licensed by them and submit to annual “continuing education.” While bigger firms support the licensing requirements, it would force many of these small businesses to close their doors.
Thankfully, the Institute for Justice, a libertarian law firm, is fighting back for these tax preparers by filing a lawsuit in federal court challenging the IRS’s authority to impose such a substanial regulatory burden: