And you thought you were having a tough tax season… Channing Gould, age 19, was arrested this week after he was shooed off of a corner at North Tarrant Parkway and Park Vista Boulevard in Fort Worth, Texas. Gould was accused of disrupting traffic, a charge he disputes. Gould says he was simply doing his…
Two things happened on Sunday. One, I sat down for an interview with Dan Alban, the lead attorney in Loving et al v. Commissioner (downloads as a pdf). And two, I had friends over to the new house for a chat. You might think the two are completely unrelated. But you’d be wrong. You see,…
Jackson Hewitt has announced two promotions for tax season: the “Jackson Hewitt’s Got My Back” photo sweepstakes and the “Win Win with the Big Check” video contest. You can enter one or both promotions between now and April 15, 2011, for a chance to win. To enter the “Jackson Hewitt’s Got My Back” photo sweepstakes,…
It’s trash talk season. The insults are flying. And nooo, I’m not talking about the Super Bowl. I’m talking about tax season. Jackson Hewitt, the nation’s #2 retail tax preparer service, has filed a lawsuit against H&R Block, the nation’s #1 retail tax preparer service, for making what it called “false, misleading and highly disparaging…
Is the number one tax prep service in the world about to get a little bigger? Liberty Tax Service founder John Hewitt has allegedly been shopping a deal with H&R Block Inc. Block is tops in the commercial tax prep world by the numbers but has taken a beating in recent months. Despite reports all…
Shares of Jackson-Hewitt stock continued to plummet in February as word of their problems with their RAL lender continued to make news. The stock opened at $2.16 today, well below the $4.50 mark it had dropped to after its December announcement that it would not be able to cover all of its RALs for the…
The IRS is considering saying no to “rapid refund” type loans to taxpayers. The loans, made by tax preparers like H&R Block, have been the subject of a number of lawsuits – and the IRS believes that they made also lead to increased instances of fraud. There is a “financial incentive to take improper tax…
The Department of Justice announced this week that it hopes to shut down more than 125 Jackson Hewitt Tax Services, Inc. franchises in Illinois, Michigan, Georgia and North Carolina for what it deemed “a pervasive and massive series of tax-fraud schemes.” Jackson Hewitt is the nation’s second largest tax preparation firm; H&R Block is the nation’s…