IRS Sending Letters to Preparers With Errors on Schedule C

In an effort to help eliminate errors in the reporting of car and truck expenses on a Schedule C.  They hope to both educate and remind tax preparers of tax compliance by sending out approximately 5,000 letters to those preparers who have filed a Schedule C with what appear to be irregularities.

Three different letters are being sent out.  The first will cover due diligence responsibilities, outline consequences, and include helpful resources for the tax preparer. 

The second will encourage a minimum of five hours of continuing education on the Schedule C and will be sent to those preparers the IRS tracks for CPE – EAs, RTRPs, and prospective RTRPs. 

And the third will inform preparers that someone from the IRS will be contacting them to schedule a visit to review their responsibilities as a preparer.

All letters were sent prior to the start of the tax-filing season and copies are posted on the IRS website.

For those that require approved and numbered IRS CPE courses dealing with Schedule C issues, ClientWhys has the following offerings approved for CPAs, Enrolled Agents, CTEC and RTRPs:

  • Lee Reams Sr.

  • Lee T. Reams is the Chief Technical Officer of ClientWhys. He is also an Enrolled Agent having managed a 600-plus client tax practice. Educated as an engineer, with a Bachelor's Degree in Mechanical Engineering, Lee left his engineering career in 1975 to expand his part-time tax practice into a full-time career.

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