May 22, 2024
The Stop Scam Tax Preparers Act: Safeguarding Maryland Taxpayers with MSATP’s Advocacy
The Maryland Society of Accounting and Tax Professionals (MSATP) has long been a stalwart advocate for ethical practices in the tax preparation industry. Our recent triumph in supporting the passage of the Stop Scam Tax Preparers Act (Senate Bill 675) underscores our commitment to protecting Maryland taxpayers from fraudulent tax preparers who exploit the most vulnerable populations. The Need for the Stop Scam Tax Preparers Act Fraudulent tax preparers pose a significant threat to the financial well-being of Marylanders, especially minorities, low-income families, and ethical tax professionals. These scam artists often promise inflated refunds or engage in other deceptive practices,...