Tax Prep Giant Can't Escape 'Business Death Penalty'

Law360, New York (November 12, 2013, 6:05 PM EST) -- An Ohio federal court Tuesday refused to lift a permanent injunction that halted the franchising power and tax return preparations by the fourth-largest tax prep company in the country, saying abuses by the company exacted upon the working poor justify the harm imposed by the injunction.

In response to Instant Tax Service's motion to lift an injunction entered last week, U.S. District Judge Timothy S. Black reaffirmed the court's previous findings that the company had operated a widespread fraudulent scheme involving hundreds of franchises across the...
To view the full article, register now.