,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #ddgj  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #aj1 #bjad ,mr4
 ,coh5 7= himself & ,mr4 ,scott (       
,virg9ia7 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means  ,a ,,bill  ,to am5d title #ca1  
,unit$ ,/ates ,code1 to direct !        
,secret>y ( ! ,treasury to regulate tax 
return prep>]s4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,tax ,return       
,prep>] ,acc\ntability ,act ( #bjad4    
#b4 ,regulation ( tax return prep>]s :o 
are n repres5tatives practic+ be=e !    
,dep>tm5t ( ! ,treasury  7a7 ,9 g5]al   
,sub*apt] ,,ii ( *apt] #c ( title #ca1  
,unit$ ,/ates ,code1 is am5d$ by ins]t+ 
aft] section #ccj ! foll[+ new section3 
#ccj;,a4 ,tax return prep>]s :o are n   
repres5tatives practic+ be=e ! ,dep>tm5t
 ( ! ,treasury  7a7 ,! ,secret>y ( !    
,treasury %all1 "u regulations prescrib$
 by ! ,secret>y1 regulate any tax return
 prep>]s :o are n regulat$ by !         
,secret>y "u section #ccj4  7b7  7#a7 ,!

 ,secret>y may impose a p5alty ( #a1jjj 
= ea* ,f$]al tax return1 docum5t1 or o!r
 submission prep>$ by a tax return      
prep>] dur+ a p]iod 9 :i* ! tax return  
prep>]--  7,a7 is n 9 compliance ) !    
regulations promulgat$ "u ?is section1  
or  7,b7 is susp5d$ or disb>r$ f act+ z 
a tax return prep>] "u su* regulations4 
,any p5alty impos$ "u ! prec$+ s5t5ce   
%all be 9 addition to any o!r p5alty :i*
 may be impos$4  7#b7 ,no p5alty may be 
impos$ "u p>agraph 7#a7 ) respect to any
 failure if x is %[n t su* failure is   
due to reasonable cause4  7c7 ,=        
purposes ( ?is section3  7#a7 ,! t]m tax
 return prep>] has ! mean+ giv5 by      
section #ggja7;a77#cf7 ( ! ,int]nal     
,rev5ue ,code ( #aihf4  7#b7 ,! t]ms    
,secret>y ( ! ,treasury & ,secret>y mean
 ! ,secret>y ( ! ,treasury or ! delegate
 ( ! ,secret>y4  4  7b7 ,cl]ical am5dm5t
 ,! table ( sections = sub*apt] ,,ii (  
*apt] #c ( title #ca1 ,unit$ ,/ates     
,code1 is am5d$ by ins]t+ aft] ! item   
relat+ to section #ccj ! foll[+ new     

item3  #ccj;,a4 ,tax return prep>]s :o  
are n repres5tatives practic+ be=e !    
,dep>tm5t ( ! ,treasury4  4  7c7        
,effective date ,! am5dm5ts made by ?is 
section %all apply ) respect to returns 
prep>$ = taxable ye>s end+ aft] ! date (
 ! enactm5t ( ?is ,act4