Tax prep chains H&R Block and Jackson Hewitt said they are not concerned by the Internal Revenue Service's proposals to restrict the marketing of refund anticipation loans and require consent before tax preparers can share taxpayer information with third parties.

Block plans to work with the IRS on the proposal. "We look forward to working with the IRS on continuing to develop best practices for refund anticipation loans, just as we did over the past two years on the privacy rules announced today, which reflect many of H&R Block's existing guidelines," said the company in a statement.

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