Posts Tagged ‘refund anticipation loan’

IRS Expected to End Refund Anticipation Loans

Posted on: April 9th, 2008 by Kenneth Long 1 Comment

The Internal Revenue Service has quietly been studying the impact of refund anticipation loans (RALs) on both lower income taxpayers and on government revenues. The results of their study suggest that the IRS will close the loophole that allows tax outlets to offer refund anticipation loans. (more…)

Click to Advertise here