The IRS has stated that they will be removing the debt indicator (DI) this tax season. The DI is what the rapid refund providing banks use to assist in making an educated decision on approvals and denials for their loans. Most applicants for rapid refunds do not have immaculate credit, so having this information available allowed the banks to approve loans to taxpayers that would otherwise not qualify. We urge you to complete this form requesting your local representatives reconsider the removal of the debt indicator. The form can be accessed at DI reinstatement form. This form was actually completed by H&R Block, but it is a quick easy way to make your voice heard. This will be the only time you will ever hear us promoting H&R, but it is a good tool, and is for the benefit of our whole industry! Please complete the form; this topic affects all of our tax offices!
Pricing is officially set for tax preparer registration for the coming 2010 tax year.
Comparing the positives and negatives of online vs. desktop tax preparation software.
IRS removes debt indicator from banks and software transmitters.
Paperwork requirements when making changes or corrections to clients rejected tax returns.
Use the disconnected youth tax credit to save your tax office payroll expenses this tax…
The IRS has released their changes relating to Flex Spending Accounts for the 2011 tax…
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