Respond to the prompt below through the lens of the readings provided in the course. Be sure to support your assertions with references from the course materials and your own experiences that have lead you to your current position.

Discuss the following:

1. The business of predatory tax return preparation, including: a. How they deceive the working poor. b. The marketing tactics the preparers use. c. Other than paying high fees, what negative impact can the use of these unqualified and unregulated preparers have on the taxpayer?
2. The regulations or requirements for tax return preparers in your state.
3. The requirements of the states that have enacted legislation to protect taxpayers from the predatory tax return preparers and tax refund advances.
4. The changes you would like to see in your state, based on what has been successful in other states.