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Income Tax Co. / Frauds; Filing #20132

ABC Evening News for Tuesday, Apr 11, 1972
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(Studio) Treasury Secretary Connally reports 97% tax returns prepared for taxpayers by other persons are fraudulent. IRS (Internal Revenue Service) to check returns. Henry Block, President H&R Block tax service, appalled by findings. Margin for error in figuring income tax returns.
REPORTER: Harry Reasoner

(Atlanta, Georgia) Tax computation via computer at IRS regional center in Atlanta, Georgia, shown. [IRS Commissioner, Johnnie M. WALTERS - says efforts made to simplify instructions for completing tax forms, and encourage filing by taxpayer without outside help.] Illinois society of CPAs find 5 volunteers to make out tax returns without assistance, with hypothetical information [One volunteer withdraws, unable to figure tax.] Mistakes made by other volunteers cited. 70% taxpayers seek outside help in preparing tax forms, and with good cause. Only 1% let IRS do it.
REPORTER: John Drury

Drury, John;
Reasoner, Harry

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