National Association of Tax
Debt Resolution Companies
2012 Legislative & Regulatory Conference
New association conference for tax resolution companies will highlight new challenges and public policy options facing the tax problem resolution industry
The inaugural meeting of the National Association of Tax Debt Resolution Companies will be held May 20 and 21 in Washington, DC. The conference will be a chance for industry colleagues to learn about the new challenges facing the industry and public policy options while helping to create a unique voice for tax debt resolution businesses.
The tax debt resolution industry continues to remain under scrutiny by federal and state regulators due to an increase in services acting improperly or illegally as tax relief professionals. The work of the new National Association of Tax Debt Resolution Companies will educate consumers and legislators on the importance of tax resolution businesses and will work to differentiate the fraudsters from the legitimate tax debt relief specialists.
The National Association of Tax Debt Resolution Companies, a professional coalition of consumer advocate companies, enrolled agents, tax attorneys and CPA’s has drafted its own proposed state and federal legislation to set best practice guidelines, standards and increase transparency of the industry.
The National Association of Tax Debt Resolution Companies will represent the efforts of a broad spectrum of the industry located throughout the United States. Its mission is to promote and ensure the protection of taxpayers from unfair and deceptive advertising claims by unscrupulous delinquent tax debt representation providers.
Karen Hawkins, Director, IRS Office of Professional Responsibility - Confirmed: IRS Oversight of Persons Approved to Appear Before the Agency
The IRS Office of Professional Responsibility has promised to take a "closer look" at the tax debt representation industry. Hear directly from the Director of the OPR about the office’s concerns and the continuing obligations of those who are authorized to appear before the IRS.
New Federal Regulation of Tax Debt Resolution Companies by the Consumer Financial Protection Bureau (CFPB)
On June 23, 2011 the Bureau of Consumer Financial Protection (CFPB) issued a Federal Register Notice for defining "larger" non-depository industry participants that may be subject to the supervisory program of the Bureau. The Notice outlined the industries that the Bureau will immediately seek to regulate. One of the industries to be regulated is "debt relief services" which includes providers of services that "offer to reduce medical or tax debt". A meeting with the CFPB confirmed the intent of the bureau to regulate tax debt resolution services. This session will review the plans of the CFPB to examine and supervise companies that provide tax debt resolution, settlement or negotiation services.
The Future of “Deferred Enforcement” of the Federal Trade Commission’s Telemarketing Sales Rule
On October 17, 2010 the Telemarketing Sales Rule (TSR) became effective thus regulating "debt relief services" which included individual or companies that negotiate or settle "tax debts owed to the government". The same day the TSR became effective, the Federal Trade Commission (FTC) issued a policy statement that it was unclear if tax debts are "unsecured" – one of the triggering elements of the TSR. In this session you will learn the history and current status of the treatment of tax debt in the TSR and the FTC’s work to regulate the industry.
Continuing Education Requirements and Compliance Solutions
Enrolled agents, certified public accountants, attorneys, registered tax return preparers all have differing requirements for continuing education and compliance. This session will review the current "what" you have to do as well as provide the "how" to remain compliant to represent taxpayers before the IRS.
Referrals, Lead Generators and Marketing on the Internet
The increasing use of a "person that, in the regular course of business, supplies a provider with the name of a potential customer, directs a communication of an individual to a provider, or otherwise refers a customer to a provider" brings a host of opportunity and a wide variety of legal challenges. In this session you will learn how the laws of deceptive advertising, unfair and deceptive trade practices and liability for "down-stream" users of referrals can impact your business.
View of the Industry from the U.S. House of Representatives
In this session you will be briefed on the House of Representative’s perspective of the FTC’s efforts to regulate tax debt resolution service providers, current efforts to protect consumers and the prospects for the introduction of legislation that will regulate the industry.
State and Federal Legislative and Regulatory Briefing
Mark Guimond, the state and federal lobbyist for the TPRSC, will brief you on the current status of recent proposals to regulate the industry including the still-deferred Telemarketing Sales Rule (TSR), California Senate bill 708, legislation proposed to Congress, the state Attorneys General proposal and the Consumer Financial Protection Bureau.
A specially priced block of rooms only for conference participants is available on a first-come-first-served basis. Reservations may be made by calling the Madison Hotel directly at 1-800-424-8577 and indicating group code 3u44vm or online at:
Registration is only $459 for the first person and $399 for each additional person from the same company.