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IRS Warns Preparers About EITC Compliance

IRSThe Internal Revenue Service is sending notices of proposed penalties to nearly 800 preparers who had already received a warning letter about their not submitting forms required for returns claiming the Earned Income Tax Credit. The letters are going to those received notices after they did not file Form 8867 for tax year 2011 for returns claiming the EITC, but continue to submit such returns for 2012.

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