{"id":10982,"date":"2011-02-01t16:22:38","date_gmt":"2011-02-01t20:22:38","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=10982"},"modified":"2015-10-23t03:22:10","modified_gmt":"2015-10-23t07:22:10","slug":"new-irs-ptin-rules-could-force-big-shake-out-in-tax-prep-industry","status":"publish","type":"post","link":"\/\/www.g005e.com\/2011\/02\/01\/new-irs-ptin-rules-could-force-big-shake-out-in-tax-prep-industry\/","title":{"rendered":"new irs requirements could force big shake-out in tax prep industry"},"content":{"rendered":"<p><strong>wall street: mom-and-pop tax shops in peril.<\/strong><\/p>\n<p>john hewitt, the founder of jackson hewitt and now ceo of liberty tax, expects a huge shakeout because of the new irs requirement for paid tax-return preparers to <a href=\"http:\/\/www.irs.gov\/taxpros\/article\/0,,id=210909,00.html\" target=\"_blank\">register with the government<\/a>.<\/p>\n<figure id=\"attachment_11183\" class=\"thumbnail wp-caption alignleft\" style=\"width: 150px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-11183 \" title=\"john hewitt\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt-150x150.jpg\" alt=\"john hewitt\" width=\"150\" height=\"150\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt-150x150.jpg 150w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt.jpg 100w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt-145x145.jpg 145w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt-190x190.jpg 190w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt.jpg 200w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption class=\"caption wp-caption-text\">john hewitt<\/figcaption><\/figure>\n<p>market share for the two largest tax chains, h&amp;r block and jackson hewitt, has eroded by about 9% in the past four years as do-it-yourself online tax software gained ground. turbotax, for example, grew by about 121%. but the new irs ptin rules may slow the decline by forcing out mom-and-pop paid preparers, according to wall street analysts. <a href=\"\/\/www.g005e.com\/2011\/02\/01\/new-irs-ptin-rules-could-force-big-shake-out-in-tax-prep-industry\/#more-10982\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2011%2f02%2f01%2fnew-irs-ptin-rules-could-force-big-shake-out-in-tax-prep-industry%2f&amp;t=new+irs+requirements+could+force+big+shake-out+in+tax+prep+industry'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  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href=\"mailto:?subject=cpa%20trendlines%20:%20new%20irs%20requirements%20could%20force%20big%20shake-out%20in%20tax%20prep%20industry&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\r\n\r\n\r\n\r\n%20%20\/\/www.g005e.com\/2011\/02\/01\/new-irs-ptin-rules-could-force-big-shake-out-in-tax-prep-industry\/\" title=\"email this: new irs requirements could force big shake-out in tax prep industry \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li><\/ul><div class=\"clean\"><\/div> <\/div>","protected":false},"excerpt":{"rendered":"<p><strong>wall street: mom-and-pop tax shops in peril.<\/strong><\/p>\n<p>john hewitt, the founder of jackson hewitt and now ceo of liberty tax, expects a huge shakeout because of the new irs requirement for paid tax-return preparers to <a href=\"http:\/\/www.irs.gov\/taxpros\/article\/0,,id=210909,00.html\" target=\"_blank\">register with the government<\/a>.<\/p>\n<figure id=\"attachment_11183\" class=\"thumbnail wp-caption alignleft\" style=\"width: 150px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-11183 \" title=\"john hewitt\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt-150x150.jpg\" alt=\"john hewitt\" width=\"150\" height=\"150\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt-150x150.jpg 150w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt.jpg 100w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt-145x145.jpg 145w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt-190x190.jpg 190w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2011\/02\/john-hewitt.jpg 200w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption class=\"caption wp-caption-text\">john hewitt<\/figcaption><\/figure>\n<p>market share for the two largest tax chains, h&amp;r block and jackson hewitt, has eroded by about 9% in the past four years as do-it-yourself online tax software gained ground. turbotax, for example, grew by about 121%. but the new irs ptin rules may slow the decline by forcing out mom-and-pop paid preparers, according to wall street analysts. <a href=\"\/\/www.g005e.com\/2011\/02\/01\/new-irs-ptin-rules-could-force-big-shake-out-in-tax-prep-industry\/#more-10982\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div 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href=\"mailto:?subject=cpa%20trendlines%20:%20new%20irs%20requirements%20could%20force%20big%20shake-out%20in%20tax%20prep%20industry&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\n\n\n\n%20%20\/\/www.g005e.com\/2011\/02\/01\/new-irs-ptin-rules-could-force-big-shake-out-in-tax-prep-industry\/\" title=\"email this: new irs requirements could force big shake-out in tax prep industry \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li>\n<\/ul>\n<div 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