Tax Return Preparer Scheme certifies individuals to prepare and file returns, with regulated duties, records and prescribed incentives. The Tax Return Preparer Scheme, 2006 creates a certification and oversight regime whereby eligible individuals may have income tax returns prepared and filed by certified Tax Return Preparers; it prescribes educational and age qualifications, a Partner Organisation model for enrollment, training and testing, issuance of a certificate and unique identification number, duties and recordkeeping for preparers and taxpayers, an incentive and fee structure tied to processed returns, and supervisory powers for the Resource Centre and the Board including suspension or cancellation of certificates for specified misconduct or deficiencies.
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Provisions expressly mentioned in the judgment/order text.
Tax Return Preparer Scheme certifies individuals to prepare and file returns, with regulated duties, records and prescribed incentives.
The Tax Return Preparer Scheme, 2006 creates a certification and oversight regime whereby eligible individuals may have income tax returns prepared and filed by certified Tax Return Preparers; it prescribes educational and age qualifications, a Partner Organisation model for enrollment, training and testing, issuance of a certificate and unique identification number, duties and recordkeeping for preparers and taxpayers, an incentive and fee structure tied to processed returns, and supervisory powers for the Resource Centre and the Board including suspension or cancellation of certificates for specified misconduct or deficiencies.
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