Tax Return Preparer Due Diligence Penalty Under Section 6695(g)
other · IRS · Rule · Published 2018-11-07 · Effective 2018-11-07 · 83 FR 55632
Document
Document number
2018-24411
Federal Register citation
83 FR 55632
CFR reference
26 CFR 1
Type
Rule
Action
Final regulation and removal of temporary regulation.
Category
other
Sub-agency
IRS
Publication date
2018-11-07
Effective date
2018-11-07
Treasury docket
TD 9842
Abstract
This document contains final regulations relating to the tax return preparer penalty. The final regulations are necessary to implement recent law changes that expand the scope of the tax return preparer due diligence penalty so that it applies to the child tax credit (CTC)/additional child tax credit (ACTC), and the American opportunity tax credit (AOTC) as well as to eligibility to file a return or claim for refund as head of household. The regulations affect tax return preparers.