Tax franchises

The federal government has filed eight civil injunction suits in Florida to shutter 192 “Loan Buy Sell Tax Services” Tax Services locations.

Some of our favorite recent tax fraud cases (and names).

Highlights of some of our favorite tax-related blogs from the past week.

H&R Block president and CEO Bill Cobb is expecting problems next tax season due to the Affordable Care Act, now that the Internal Revenue Service has released some of the draft forms that will be needed, and pointed out that many taxpayers will no longer be able to file a simple Form 1040EZ.

The tax prep giant reaches out to attract firms

Highlights of some of our favorite tax-related blogs from the past week.

Highlights of some of our favorite tax-related blogs from the past week.

H&R Block has created a new program to draw CPAs and other accountants who are interested in selling their practices or becoming H&R Block franchises, with the new service spearheaded by accounting industry consultant Jennifer Katrulya.

H&R Block reports that its revenues for the fiscal year ended on April 30 rose $118 million (4.1 percent), to slightly more than $3 billion.

H&R Block and the National Federation of the Blind announced an agreement to make the tax prep chain’s website, online tax preparation products and mobile applications fully accessible to blind taxpayers.

H&R Block has improved the user interface for its online and iPad tax preparation software.

Tax preparation giant H&R Block reported a loss for the second quarter due to a fall in international tax prep fees.

Instant Tax Service, described by a U.S. judge as the fourth-biggest tax preparation business in the nation, was ordered closed after a court found it engaged in abusive and fraudulent practices.

Jackson Hewitt Tax Service will offer customers free help enrolling in new insurance options under the Affordable Care Act.

JTH Holding Inc., the parent company of Liberty Tax Service, said it has received a letter from the Nasdaq Stock Market indicating it was not in compliance with Nasdaq’s continued listing requirements.

The former manager of an H&R Block outlet has been sentenced to 12 months and one day in federal prison for using the identities of his former tax preparation clients to file false returns with the Internal Revenue Service seeking fraudulent income tax refunds.

H&R Block said it has entered into an agreement with Republic Bank and Trust Company to sell assets and transfer liabilities from its H&R Block Bank unit to Republic.

H&R Block has introduced a remote service for U.S. citizens living abroad that will help them meet their often confusing tax-filing obligations.

The pros and cons of working with a tax franchise

A federal court has denied for a second time H&R Block’s attempt to prevent Intuit from airing two TV commercials for TurboTax that poke fun at part-time tax preparers who work for retail tax chains like Block.