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H.R. 8501

BillFederalHouseIn Committee
To establish minimum competency standards for tax return preparers, and for other purposes.
About This Bill
Committee
Latest Action · October 1, 2020
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
October 1, 2020
Cosponsors (0)
None
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Summary

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Tax-preparer Enforcement, Accountability, and Minimum Standards Act or the TEAMS Act This bill authorizes the Department of the Treasury to regulate tax return preparers, including by sanctioning preparers for incompetence and disreputable behavior and by establishing minimum competency standards for preparers.

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