New Orleans After years of campaigns by ACORN and agreements with the major tax preparers, H&R Block, Jackson-Hewitt, and Liberty Tax Services, to rein in the abuses and predatory pricing of “refund anticipation loans” or RALs, as they are known in the industry, it appears that the rats will play “while the cat is away.” …
Tag: EITC
Making Earned Income Credits a Better Incentive for Work and Fair to the Childless
Peterborough In a recent op-ed in the Wall Street Journal, Princeton economist, author, and former Vice Chairman of the Federal Reserve Alan Blinder made a brilliant case for Congress to actually read Obama’s proposal and do more to make the Earned Income Tax Credit really increase citizen wealth and even, are you listening my …
Finally Regulating Tax Preparers
Octatel This may be a case of doing the right thing for the wrong reason, but under any circumstance, it is good news for the the 60% of American taxpayers who pay money to tax preparers for help with their returns: the IRS finally announced that they are going to require certification and registration for …