IRS Axes Displaying Loan Pitches Alongside Tax Refunds

The IRS will no longer include pitches for high interest refund loans alongside its e-tax filing service.

The loans let consumers immediately receive refund checks, but could sometimes carry high interest rates.

In its stead, e-tax filings this year will boast ads for bail bonds and as-see-on-tv home appliances. — BEN POPKEN

No More Loan Solicitations in Free Tax-Filing Program [NYT]

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  1. taxxcpa says:

    In my opinion Refund Anticipation Loans should not be allowed in conjunction with e-filing. It is a scheme to fleece the poor.