Fourth Largest Tax Prep Business In The Country Shut Down By Feds – Forbes

Instant Tax Service (“ITS”), the fourth-largest tax preparation business in the United States, has been ordered by a federal court judge to shut down its operations.

U.S. District Judge Timothy S. Black found that ITS had a culture of “fraud and deception.” The order, which was quite extraordinary, was said to be “necessary to protect the public and the Treasury.”

via Fourth Largest Tax Prep Business In The Country Shut Down By Feds – Forbes.

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