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January 18, 2007

Refund Anticipation Loans and Free File

Syndicated columnist Michelle Singletary reports today in Fewer Ads for Free Filers in the Washington Post on the IRS Free File program and its new limits designed to prevent the government's "partners" at tax preparation firms from gouging low-income taxpayers with predatory Refund Anticipation Loans. Michelle comments on the latest RAL study from our colleagues Jean Ann Fox at Consumer Federation of America and Chi Ch Wu at National Consumer Law Center. My previous commentary on this dumber-than-dirt IRS program.

Posted by Ed Mierzwinski at January 18, 2007 08:00 AM


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