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Sweep Nets Hundreds of Tax Services Miami Violating Laws

Sweep Nets Hundreds of Tax Services Miami Violating Laws

Miami Department of Consumer Affairs conducted a two-week-long enforcement sweep of Tax services Miami, specifically corporate tax preparation, across the city and issued violations to one out of every three Tax Services Miami it inspected, mainly for violating laws governing refund anticipation loans and disclosure of their true qualifications and fees.

The department conducted close to 850 inspections citywide and issued over 1,000 violations to Tax services Miami, specifically corporate tax preparation, who misrepresented their qualifications, violated consumer rights, or illegally advertised refund anticipation loans as “instant” or “rapid” refunds. Total fines from the enforcement sweep could reach close to $1 million. The agency is encouraging taxpayers to instead take advantage of Tax Services Miami professional CPA Firms for preparing their taxes and claiming the Earned Income Tax Credit.

Tax Services Miami

“There are substantial tax refund dollars waiting, who have, since 2002, claimed almost $10 billion in Earned Income Tax Credits alone,” said Tax Services Miami Gustavo Viera CPA. “That’s why we’re making it as easy as possible for people to file their taxes and claim those refunds.  And since the IRS issues these refunds in such a short amount of time, there’s no reason for such expensive, often deceptively sold loans getting in between you and every dollar of your refund.” Similar issues also apply to corporate tax preparation.

Tax Services Miami have been charged with previous violations in 2011 and 2010, along with other Tax services Miami who are located in neighborhoods with large populations of immigrants and high usage of refund anticipation loans.

Tax Services Miami Firms found that 65 percent of businesses that received a violation last year and were inspected this year, were complying with the law. In Miami, Tax services Miami must post their qualifications, fees and charges, and whether or not they will represent consumers at a government audit. Tax Services Miami must sign every tax return, and provide their customers with a copy of their tax return and a receipt for their services.

Taxpayers with children who earn less than $50,000 or $18,000 for those who do not have children can visit a Volunteer Income Tax Assistance sites in the Tri-County where a certified volunteer will prepare their taxes for free, the agency noted. Those earning less than $57,000 can also file their taxes online for free at irs.gov/taxprep. The city is also partnering with Intuit and One Economy Corporation to offer access to free online tax preparation software. Miami tax payers can also have their tax returns prepared at a participating H&R Block office for free for very simple tax returns. To qualify for the H&R Block discount, residents must earn less than $41,000 with children or $31,000 if they have no children.

 

 

 

About the Author

Gustavo VieraGustavo A Viera, CPA, is the managing partner in Gustavo A Viera, PA, CPA. His experience spans more than 25 years. His public accounting experience includes a senior audit manager at PriceWaterHouseCoopers with a focus in the healthcare industry, and Chief Financial Officer of Hewlett Packard Latin America and Telefonica of Spain. Gus also writes a blog twice a week that addresses issues his clients have at www.perrinecpa.com/blog. He has also taught in the SBA program in Miami FL, and is admitted to practice in the State of Florida licensed Certified Public Accountant. Gus welcomes questions and he can be reached at Gustavo A Viera, PA, CPA, One Alhambra Plaza Floor PH Coral Gables FL 33134 (786) 250-4450.View all posts by Gustavo Viera →

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