Jackson Hewitt Tax Service has filed a federal lawsuit against H&R Block seeking an immediate end to what it says are "false, misleading and highly disparaging advertising claims about Jackson Hewitt." The ads in question are those in which H&R Block says its employees' reviews of previously filed tax returns turned up costly errors.
You've probably seen the television spots where folks reportedly get thousands of dollars back once their returns are given a second look by H&R Block. I don't remember Jackson Hewitt being specifically named in any of the ads I saw, but hey, I tend to zone out when commercials show up (unless it's one for the next Johnny Depp movie).
We'll just have to wait for the court's ruling to see what effect this legal battle between Jackson Hewitt, the number two tax prep chain in the United States, and H&R Block, the overwhelming leader of preparing taxes in storefronts across the country, might have on actual customers. But it does highlight the importance of picking the proper tax preparer.
With the continued growth of confusing tax laws, many of us turn each year to a professional for tax-filing help. Chain services are one option. So are tax attorneys and accountants.
Just as everyone's tax situation is unique, so is everyone's tax professional needs. So don't be in such a hurry to get your taxes done that you pick a tax preparer who doesn't really understand your tax circumstances.
Sure, it might take a little longer to find the correct tax pro. But the effort could help prevent you from having your own complaints about your tax professional.