For you old-timers, thanks to TMI, the "Golden Rocket" rides again!!
Practically every industry that has registration has the complaint that the big entities in that industry defray regulatory enforcement either through their sheer size, lawyers, political connections, etc. And that in some industries, cabinet positions and industry leaders are just revolving doors. A scenario may be presented where drug giant E I Lilly is never bothered with bureaucrats while the FDA audits and fines small companies who are trying to develop more competitively priced drug products.
Some time ago, a statement from Mssr. Hewitt (formerly of Jackson/Hewitt now of Liberty) predicted that the large tax prep firms would squeeze out the "mom and pop" firms. Does anyone see this in their crystal ball?
Will IRS regulators invade small tax prep offices with a passion while allowing HRB JH and Liberty to continue unimpeded?
Practically every industry that has registration has the complaint that the big entities in that industry defray regulatory enforcement either through their sheer size, lawyers, political connections, etc. And that in some industries, cabinet positions and industry leaders are just revolving doors. A scenario may be presented where drug giant E I Lilly is never bothered with bureaucrats while the FDA audits and fines small companies who are trying to develop more competitively priced drug products.
Some time ago, a statement from Mssr. Hewitt (formerly of Jackson/Hewitt now of Liberty) predicted that the large tax prep firms would squeeze out the "mom and pop" firms. Does anyone see this in their crystal ball?
Will IRS regulators invade small tax prep offices with a passion while allowing HRB JH and Liberty to continue unimpeded?
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