Tax preparers get $1 fee cut for professional credentials

The IRS is reducing the annual fee that tax return preparers pay to get or renew their professional identification number from $11 to $10. This is a tiny cost reduction that makes entry slightly cheaper for people who prepare taxes professionally, but it's so small it's unlikely to change behavior or expand the profession meaningfully.

This is a $1 reduction on a credential that thousands of people renew annually — financially insignificant, and there's no evidence the prior $11 fee was ever a barrier to entry or professional participation.