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Free tax prep at WalMart?

Posted by taxguru on January 13, 2012

Living here in the heart of official WalMart country for the past 19 years, we are big customers and supporters of theirs. However, I’m still not ready to trust them and their assembly line tax prep associates (H&R Block, Jackson Hewitt) with any complicated tax matters.

According to this WalMart press release, they will be providing free 1040EZ tax prep services this tax season.  In actuality, these taxpayers are the same ones who could also qualify for free tax filing under the programs run by IRS and several State tax agencies. 

As with any of the big assembly line firms, I don’t think any of us tax pros who work with regular 1040s have anything to worry about in terms of competition from WalMart.  Any client who would try to get us to drop our fees to match WalMart’s should be told where to find the nearest WalMart store.

Jimmy Fallon had a comment about this the other night:

Wal-Mart is now offering free tax advice at more than 3,000 of its stores. Finally answering the question, “Where can I get tax advice, kitty litter, and a shotgun all in one convenient location?”

 

TaxCoach Software: Are you giving your clients what they really want?

 

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