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97% of Chicago Tax Return Preparers Violate City Regulations

ChicagoChicago Sun-Times, City Cracks Down on Tax Preparers:

Mayor Rahm Emanuel was forced soften his plan to
protect consumers against financial scams to satisfy businesses
concerned about being stripped of their licenses for mere technical
violations.

But the mayor is apparently not backing down from
his crackdown against alleged fraud by those who help Chicagoans file
their annual income tax returns.

Ninety-three tax preparers were recently
investigated by the city. Nearly 97% were found to be in
violation of city regulations governing their industry.

Some were operating without a license. Others
failed to provide the required consumer bill of rights. Still others
were allegedly operating illegally without state approval. Or they
allegedly failed to provide the required written disclosure.

A staggering total of 203 charges were filed against 90 businesses, potentially triggering $201,750 in city fines.



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