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.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access