The IRS has selected Prometric to administer the forthcoming tax preparer examinations, but they would like to hear from you, the actual preparers, regarding the structure, length, specific areas and topics that should be covered, reporting, etc.  Prometric is the company that has been administering exams for Enrolled Agents and CPAs for years, but with […]

Jackson Hewitt officially filed petition for bankruptcy on May 23rd in the Delaware District court.  Jackson completed the the 2010 tax season with over 700 franchisees operating 4,800 locations.  The Bankruptcy has been classified as a “packaged bankruptcy” for restructuring debt, but this official filing is certainly a negative blow to the second largest tax […]

Ronnie Deutch, the face and name behind the tax preparation franchise Ronnie Deutch Tax Centers, has had her assets seized by a CA judge, closed her firm, and has been forced to turn over her BAR license to practice law.  Deutch has been charged with making false promises to her clients seeking tax assistance and […]