Tax Vendors Reach Out to Hispanics


A tax preparation giant and a continuing education provider have made moves to entice the Hispanic market.

New Futuro and H&R Block have partnered to help Latino families by offering financial education, scholarship opportunities and tax advice to school-aged Latinos and their families.

According to recent Census projections, more than a third of the U.S. population 18 and under will be Latino in eight years. Block reports, however, that while 97 percent of Latinos identify education as the highest priority for their family, 87 percent identify lack of resources as a barrier to their higher education and career growth.

Block will serve as a financial aid sponsor in the New Futuro College Prep Fairs presented by Allstate Insurance in a five-city tour, awarding some $12,000 in scholarships and assist in securing ITINs. Some Block associates are also participating in showcasing Latino professionals.

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In another development, Orlando, Fla.-based Fast Forward Academy is launching a Spanish version of its RTRP test bank for those trying to secure the new tax preparer credentials.

Tax professionals who sign up for tax preparation training receive access to a test bank that includes the same type of questions found on the RTRP exam.

Fast Forward Academy president Matt McBride said that his company has partnered with Latino Tax College to offer the test bank in Spanish.

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