As the Acting IRS Commissioner made the announcement I could hear the corks popping and imaging the Champagne flowing at the headquarters of Henry and Richard and other “fast food” tax preparation chains of their ilk.
This new requirement will give Block and friends another way to continue their policy of soaking lower income individuals with excessive preparation fees, usurious Rebate Anticipation Loans, and other scams and schemes like their fee-loaded debit cards. The greedy bastards!
To anyone out there reading this who will have to file not because you have taxable income but solely to report your Social Security or other benefits in order to get a rebate check – whatever you do, do not go to Henry and Richard to have your return prepared. Look for a free service like VITA or the program run by AARP.
Now, back to work!