Tax Prep Chains Attract Immigrants

“Its difficult to determine how many immigrants are filing income tax returns in the U.S. because the Internal Revenue Service doesnt track tax filers by their immigration status. But paid tax preparation chains, such as H&R Block Inc. and Liberty Tax Service, say they have seen anecdotal growth and are working hard to attract more of them through targeted offices or greater marketing in their native languages.

“Its the fastest-growing segment of our population,” said John Hewitt, chief executive of Virginia Beach, Va.-based Liberty Tax Service. “Theres going to be a spectacular opportunity in the next three to five years with immigration amnesty and guest worker programs creating 10-15 million new taxpayers.”"

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