The Progressive Accountant
IRS Seeks ETAAC Nominations
- Monday, 13 March 2017
The Internal Revenue Services is asking for nominations of individuals to serve on the Electronic Tax Administration Advisory Committee. The three individuals selected will begin three-year terms in September. Applications are being accepted through April 27.
Preparer Must Pay IRS Nearly $950K
- Wednesday, 08 March 2017
A Longwood, Fla.-based tax preparer has been ordered to repay $949,952.47 he received in preparing fraudulent tax returns. A federal court in also barred Jason Stinson from the tax preparation business for charing as much as $999 for preparing returns without informing clients.
Block Tax Season Beats Industry Average
- Wednesday, 08 March 2017
H&R Block says it performed better than the rest of the market during the first half of the tax season. In releasing results for its third quarter ended January 31, the company this week reported a 7-percent decline in efiles for the season through February 24, compared to an overall drop of 10 percent reported by the Internal Revenue Service for the same period.
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