Tax preparers who use certain fee arrangements will now be considered 'disreputable'

The IRS is proposing new rules for tax preparers. These rules would ban certain types of payment arrangements and set new standards for property appraisals. It also removes a category of registered tax preparers.

The IRS is tightening its grip on who can prepare taxes and how they can charge clients. This means some tax preparers will have to change their business models or stop practicing. The agency is also making it harder to inflate property values for tax purposes, which could affect real estate transactions and tax shelters.