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IRS tax preparer fraud case draws investor attention to 75 million paid returns
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IRS tax preparer fraud case draws investor attention to 75 million paid returns
The Supreme Court let stand a ruling allowing the IRS unlimited time to assess taxes on returns tainted by preparer fraud, even if the taxpayer was unaware, spotlighting risk for 75 million paid-preparer e-filed returns and raising the stakes for firms like H&R Block and Intuit as investors watch the growing share and complexity of assisted tax filings.
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