Public Radio For Eastern North Carolina 89.3 WTEB New Bern 88.5 WZNB New Bern 91.5 WBJD Atlantic Beach 90.3 WKNS Kinston 88.5 WHYC Swan Quarter 89.9 W210CF Greenville
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
US

Tax Preparers Often Get Returns Wrong

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.

US