The Progressive Accountant
Block to Add 100 Locations
- Monday, 26 September 2011
Tax preparation chain H&R Block is continuing with modest expansion to its store network. The Kansas City, Mo.-based company said it plans to add 100 franchise locations to its 11,000-network. That compares to the 120 it added last year.
California Tax Preparer Shut Down
- Monday, 26 September 2011
A California tax preparer has been permanently barred from preparing federal tax returns for others. Mario Placencia of Alhambra Calif., who conducted business as MP Accounting Services of Montebello, Calif., agreed to a civil injunction order that also required him to contact customers who paid him to prepare returns since Jan. 1, 2003 and inform them of his status.
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IRS Sets PTIN Rules
- Thursday, 22 September 2011
The Internal Revenue Service says individuals must renew preparer tax identification numbers on a calendar-year basis, part of a number of issues addressed by the agency as it sets the rules for the regulation of professional preparers. The IRS set fees for PTIN applications and spelled out the forms that must be used while stating that an education requirement will go into effect next year. It is also requiring fingerprinting of those who have provisional PTINs.
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