Friday, April 26, 2019

Taxes--the Rise of Intermediaries

There have long been tax-preparation services.  H&R Block was an early one.  One of the brothers who founded the firm, Henry Bloch, died recently.  His obituary in the Post says this:
business boomed in the mid-1950s as the Internal Revenue Service began discontinuing its free tax-preparation services, and the Bloch brothers began advertising their discount tax service in a local paper.
Who knew the IRS once did returns for free?  Now of course H&R Block is one of the firms lobbying Congress to be sure that IRS doesn't resume the service,.

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