Tax-prep conglomerate H&R Block and the Association of Community Organizations for Reform Now have teamed up in a partnership to help boost awareness of the Earned Income Tax credit and to reduce filing costs for low-income taxpayers. Block and Acorn will canvass some 65 cities in a door-to-door joint education effort aimed at low-income filers who may be eligible for the EITC. The effort will also highlight the costs and speed factors associated with refund options, and also work to hasten the elimination of costly fees connected with refund anticipation loans. Ironically, the Block-Acorn alliance comes exactly one year after Acorn held rallies at Block offices protesting what they perceived were aggressive sales of the company's RALs, which they claim unfairly targeted lower-income taxpayers.
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The shift will happen gradually starting this summer until December, when QBOA will be discontinued.
February 6 -
The new Pilot AI Accountant claims to run the entire bookkeeping and financial reporting process with zero need for human intervention.
February 6 -
The tax-filing season for individuals just opened recently, but businesses already got a head start on various tax incentives in the One Big Beautiful Bill Act.
February 6 -
PCAOB adds to advisory groups; Schneider Downs transitions to single CEO structure; and more news from across the profession.
February 6 -
The Top 75 Firm acquired D & Co., expanding its presence in Texas and strengthening its healthcare specialty.
February 6 -
Plus, Sage rolls out AI enhancements for reporting, AP, sales; Datarails launches Spend Control solution for contract visibility.
February 6





