IRS Due Diligence Initiative Focuses on Tax Preparers

As part of its Due Diligence Initiative, the IRS is sending letters to tax preparers it suspects are not performing the due diligence required prior to allowing their clients to take the Earned Income Tax Credit, the Child Tax Credit/Additional Child Tax Credit and American Opportunity Tax Credit on their returns. To learn more about the Due Diligence Initiative, and to see copies of the correspondence that IRS will be sending (in English and Spanish), follow this link: