Accountants who have violated the provisions of the Tax Reform Act of 1976 can be prohibited from further federal income tax practice.

Question

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The Tax Reform Act of 1976 allows the Internal Revenue Service (IRS) to impose sanctions on accountants who violate the tax laws. One of the potential sanctions is to prohibit the accountant from further federal income tax practice. This is intended to deter unethical behavior and ensure that only qualified professionals are handling sensitive tax matters.

Accountants Who Have Violated the Provisions of the Tax Reform