Ninetowns' Corrections of Second Half and Full Year 2009 Financial Results
BEIJING, June 29 /PRNewswire-Asia/ -- Ninetowns Internet Technology Group Company Limited (Nasdaq: NINE) ("Ninetowns" or the "Company"), one of China's leading providers of online solutions for international trade, today reports certain corrections to its previously released second half and full year 2009 financial results. 1.

New IRS exam for tax preparers will not affect enrolled agents.
At present, any person may prepare a federal tax return for any other person for a fee. The IRS estimates that there are between 900,000 and 1.2 million paid tax return preparers currently. Attorneys and Certified Public Accountants receive a state license, while Enrolled Agents receive the privilege to practice directly from the federal government. Other tax return preparers do not pass any competency requirements before they prepare a federal tax return. This last category of tax return preparer is not required to have any minimum education, knowledge, training or skill before they prepare a tax return for a fee. Major changes are on the way.