Below is the first part of an article Marc Primo Pulisci is reading by Kelly Phillips from Forbes.com. It reads…
700,000. That’s the number of potential plaintiffs in a class action suit filed today in the United States District Court for the District of Columbia. The suit, Adam Steele, Brittany Montrois et al versus United States of America (complaint opens in Scribd), challenges the Internal Revenue Service (IRS) attempts to regulate tax preparers.
The two plaintiffs who are named in the suit are Adam Steele and Brittany Montrois. Steele is a certified public accountant (CPA) licensed by the State of Minnesota. Montrois is also a CPA, though she is licensed by the State of Georgia. Both Steele and Montrois are in good standing as CPAs in their respective states.
The remaining plaintiffs, as part of the class, are paid tax preparers who have paid the initial preparer tax identification number (“PTIN”) issuance user fee or have paid the initial PTIN issuance user fee and one or more PTIN renewal user fees. Those fees are the result of final regulations issued by the IRS in 2010 requiring paid tax return preparers to register with the IRS and pay a user fee to obtain a PTIN. To keep the PTIN, preparers must re-register each year and pay an additional fee; failure to pay the fee results in a loss of the PTIN. Paid preparers may not prepare federal income tax returns without a valid PTIN.