Tax preparers: exemptions.

CA SB788 updates the rules for tax preparers in California by specifying certain exemptions. This means that some tax preparers may not need to meet the usual requirements, making it easier for them to operate. The bill aims to streamline the process for tax preparation services.

Supporters of CA SB788 argue that this legislation will reduce unnecessary barriers for tax preparers, allowing them to serve more clients efficiently. By providing exemptions, the bill encourages small businesses and independent tax preparers to thrive in a competitive market.

Critics of CA SB788 contend that the exemptions could lead to a decrease in the quality of tax preparation services. They worry that less regulation may result in unqualified individuals providing tax advice, potentially harming consumers and undermining trust in the tax preparation industry.

Source: LegiScan roll call vote data.