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H&R Block, Inc. Message Board

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  • sci_encefiction sci_encefiction Jul 29, 2011 12:17 PM Flag

    H&R Block Testifies Before Congress on New Tax Preparer Regulations

    If the tax preparers are going to be burdened by IRS rules, then the Eic,sch C clients go elsewhere and have no preparer sign it..
    The only problem for those clients is to wait 3 weeks for a check, not exactly a barrier.

    There are many online tax software for low income earners that's free, and may be used by registered/non registered preparers to prep these high audit returns.
    A better solution is to cross reference 1040's with welfare,SSI,sec 8 and other programs that id the kids ss# and reject the return.
    The client then has to go to the IRS office to fix it.
    just a thought..

    Just as disgusting is wealthy people with 30-40k in divs or ltcg pay little to nothing for that income.
    Parsing "Income" to separate tax rates is fraudulent as well.

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    • "Just as disgusting is wealthy people with 30-40k in divs or ltcg pay little to nothing for that income."

      The wealthy pay 15% on dividends and capital gains while EICs' pay little little to no income tax and many receive 4 figure refunds even though they had nothing withheld. There's a difference.

 
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