Retaining basic, common-sense regulations of commercial tax preparers is critical to protecting consumers from fraud, abuse, and incompetence, we’ve reiterated in court papers filed last week.
NCTC joined the National Consumer Law Center in filing an amicus curiae (“friend of the court”) brief on April 5 in the U.S. Court of Appeals for the District of Columbia Circuit. Our move comes in support of the IRS attempts to reinstate paid-preparer rules recently struck-down by a lower court decision. Read the rest of this entry
On Wednesday, the National Consumer Law Center and Consumer Federation of America released their 12th annual Refund Anticipation Loan (RAL) Report. While it victoriously declares “the party’s over for quickie tax loans,” the report also warns that other dangers remain in place for taxpayers, specifically the low-income families we serve.
Here are some things you should know from the report: Read the rest of this entry