These days, identity theft exists in many different forms — and some types are growing in popularity among thieves. This …
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tax refunds
If you use an online tax preparation service, you’ll no doubt see ads promoting a prepaid card as a “fast …
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In the past several years, the number of incidents of identity theft related to consumers’ tax returns has surged, and …
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These days, the Internal Revenue Service allows Americans to collect their tax returns electronically, via direct deposit into their bank …
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Now that Governor Mitt Romney has picked US Rep. Paul Ryan to be his vice presidential running-mate there is little …
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Identity thieves who have fallen on hard times, take heart. The IRS could be the answer to your prayers.
The IRS …
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It’s rare to see an entire industry die. But according to a new study by consumers advocates, 2011 may be …
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Wondering where the heck your tax refund is? Check your phone. The IRS announced Monday that it will introduce IRS2Go, …
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If you owe money on your 2007 tax return this year and meet the income qualifications for the stimulus rebate, you will still get the bonus check. Single tax filers with an income below $75,000 can receive up to $600. Couples with an income below $150,000 will get a rebate up to $1,200. And parents will receive an additional $300 for each child under 17.
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Would you pay a lender 100 – 1800% to borrow your own money? Millions of consumers do when they get their tax refunds immediately through Refund Anticipation Loans (RALs). Though the service may seem innocent enough – get your refund now instead of waiting a few weeks – the costs are staggering. According to a recent report by the National Consumer Law Center (NCLC) and the Consumer Federation of America (CFA), one out of every 10 tax returns in the 2004 filing season involved an RAL and those consumers paid an estimated $1.24 billion in loan fees and more than $360 million in administrative fees. The working poor are especially vulnerable targets of this “coporate profiteering,” says NCLC’s Chi Chi Wu.
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