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Intuit Inc.
responded today to a decision of the U.S. District
Court for the District of Columbia that prevents the Internal Revenue Service
from regulating non-professional tax return preparers.
The ruling, issued Jan. 18, could affect up to 700,000 tax return preparers
who won't have to obtain credentials, ranging from independent preparers to
employees at national storefronts, such as H&R Block.
The following statement can be attributed to Dan Maurer, senior vice president
and general manager of Intuit's Consumer Tax Group:
"Intuit supports efforts to strengthen and enhance the tax preparation
services industry and is disappointed in the court decision regarding IRS
industry oversight. The public interest is best served when all competing tax
service providers meet high standards. Intuit testified in support of the IRS
effort at the public hearing IRS conducted in Chicago in September 2010.
"For almost 30 years, Intuit's TurboTax® has been dedicated to delighting
customers through innovation, quality and ease of use, putting the power in
peoples' hands to help them keep more of their hard-earned money. All TurboTax
tax experts are highly qualified certified public accounts, IRS enrolled
agents and tax attorneys. That's why more Americans trusted their federal
taxes to TurboTax last year than H&R Block stores and all other major tax
stores combined.
"We believe the drive toward raising overall tax industry standards must and
will continue and the recent court decision is not the end of this important
national journey. In the meantime, we will continue to comply, as we always
have, with return preparer requirements and other regulations issued by IRS as
they apply to Intuit's tax products and services."
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