FTC hits H&R Block over 'free' filing claims

FTC hits H&R Block over 'free' filing claims

The Federal Trade Commission filed a complaint against tax prep giant H&R Block accusing the company of deceptively marketing "free" online tax filing, and more of today’s top stories.?

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FTC hits H&R Block over 'free' filing claims

The FTC claimed that H&R Block's online tax filing products led consumers into higher-priced products designed for more complicated tax filings, even though many taxpayers often didn't need the extra tax forms and schedules offered by those products.?

In other news today:

Accounting standards blamed for lack of accountants

It's not just the 150-hour rule for obtaining a CPA license that may be the culprit for the talent shortage, according to an academic study.

IRS offers guidance on USDA discrimination program

The Internal Revenue Service issued a FAQ on a program that offers help to farmers, ranchers and forest landowners who experienced discrimination by the USDA in farm lending.

SEC cyber rules will have wide impact amid uncertainty

The SEC's new cybersecurity disclosure rules will affect plenty of businesses, but a survey finds many cyber professionals lack confidence they can comply in time.

International tax changes bring uncertainty to global companies

The changes underway in setting global taxes are leading to confusion for many countries that authorities are trying to alleviate.

Tech news: QuickBooks launches tool for sole proprietors

Plus, Sovos debuts Compliance Cloud for tax compliance and regulatory reporting; and other accounting tech news.

CHESTER SWANSON SR.

Next Trend Realty LLC./wwwHar.com/Chester-Swanson/agent_cbswan

9 个月

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