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IRS loses lawsuit for stricter tax preparer regulations

from The Associated Press via The Huffington Post

A federal judge barred the Internal Revenue Service from imposing a series of new regulations, including a competency exam, on hundreds of thousands of tax preparers. U.S. District Judge James Boasberg in Washington ruled against the IRS in favor of three tax preparers who filed suit last year with the help of a libertarian legal group, the Arlington, Va.-based Institute for Justice. more

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