Wednesday, February 6, 2013
Chicago Sun-Times, City Cracks Down on Tax Preparers:
Mayor Rahm Emanuel was forced soften his plan to protect consumers against financial scams to satisfy businesses concerned about being stripped of their licenses for mere technical violations.
But the mayor is apparently not backing down from his crackdown against alleged fraud by those who help Chicagoans file their annual income tax returns.
Ninety-three tax preparers were recently investigated by the city. Nearly 97% were found to be in violation of city regulations governing their industry.
Some were operating without a license. Others failed to provide the required consumer bill of rights. Still others were allegedly operating illegally without state approval. Or they allegedly failed to provide the required written disclosure.
A staggering total of 203 charges were filed against 90 businesses, potentially triggering $201,750 in city fines.
- CBS Chicago, Tax Preparers May Be Ripping You Off
- Crain's Chicago Business, Tax Preparers Flunk City Review — Big Time