Most Active Stories
- It's Final: UNC Board of Governors Votes To Close Academic Centers
- Stranded At School: Chapel Hill-Carrboro Lets Out Before Buses Can Hit The Road
- The Life, Legacy, And Science of "Queen of Agrobacterium" Mary-Dell Chilton
- Snowstorm Knocks Out Power For Thousands - Black Ice Threat Through Friday Morning
- UNC Board Of Governors A Step Closer To Closing Academic Centers
Hosts, Reporters and Producers
Wed April 9, 2014
Tax Preparers Often Get Returns Wrong
Originally published on Wed April 9, 2014 8:02 am
DAVID GREENE, HOST:
We'll begin NPR's business news with a tax audit.
(SOUNDBITE OF MUSIC)
GREENE: Tax Day is less than a week away, everyone. And the Government Accountability Office just examined the work of 19 paid tax preparers - 17 got things wrong. Things like, failing to report tips as income or mistakenly applying certain tax credits.
The IRS is currently seeking broader authority to regulate tax preparers. Here is the silver lining in the story: the government has found that self-prepared tax returns are more often done correctly. Transcript provided by NPR, Copyright NPR.