Bob Scott

Bob Scott

Advocate Recommends EITC Changes

Congress should clarify the role of the Internal Revenue Service in administering the Earned Income Tax Credit, Tax Advocate Nina Olson, said in report relesed to Congress this month. Other changes should include new definitions and processes, along with establishing minimum standards for tax preparers, the results said.

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Xero Simplifies Training

Xero has taken steps to make required training easier for its channel. The company has reduce the length of training videos and consolidated many of resources available to its partners, it said during the recent Xerocon conference

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Security Top ETAAC Issue

ID Fraud thumb printCongress needs to remove legislative barriers that prevent financial services companies from sharing information about tax identity fraud, the Electronic Administration Advisory Committee recommended this week. The Internal Revenue Service should also have authority for security standards and enforce in the areas of business tax and payroll, it said.

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