Since the DC Court of Appeals upheld the district court ruling in Loving v. IRS – which determined that the IRS does not have the authority to require certification exams of tax preparers – the IRS will issue refunds to those who took the Registered Tax Return Preparer (RTRP) test. The IRS will mail a letter on May 28 followed by checks on June 2; they estimate $10,324,000 will be refunded.

The press release also notes that the Obama Administration’s 2016 budget grants the IRS authority to regulate tax preparation, which could lead to future certification tests being developed and implemented.

To read the full press release, click here.

Sources: Internal Revenue Service, District of Columbia Court of Appeals