Two Mo' Money Preparers Sentenced

Mo moneyTwo Memphis, Tenn., area residents, who were partners in a former Mo' Money Taxes tax store, have received prison sentences. Jeremy Blanchard and Erik Pittman, both 35-year-old Memphis residents, this week drew the terms for filing numerous phony individual tax returns. The Mo Money chain was ordered shut down in September 2013 after being accused of systematically preparing fraudulent returns.

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IRS Sends PTIN Renewal Reminders

IRS logoWASHINGTON - The Internal Revenue Service has begun notifying about 1 million tax return preparers to remind them they must use Preparer Tax Identification Numbers on all federal returns starting January 1. The IRS intends to send about 125,000 notification letters each week for eight weeks, based on the list of preparers who currently have PTINs.

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