Bill > S137

This bill, titled the Taxpayer Protection and Preparer Proficiency Act of 2015, grants the Secretary of the Treasury the authority to establish regulations for individuals who prepare tax returns for others, referred to as "tax return preparers." This means the Treasury Department can set rules for how these preparers conduct their business and can take action against them if they are found to be incompetent or engage in misconduct, such as misleading or threatening clients or preparing tax documents incorrectly. The bill also clarifies the definitions of "tax return preparer," "tax return," and "claim for refund" by referencing existing sections of the Internal Revenue Code, ensuring a consistent understanding of these terms within the law.