Consumerist

Posts Tagged “

H.R. 4137

h&r block

H&R Block Offering $100 Coupons Or Free Software To Same-Sex Couples Who Were Denied Online Service

It's too late for this year's tax season (unless you're doing it wrong), but H&R has issued an apology of sorts by announcing it will give a $100 coupon or free TaxCut software to gay couples who were shut out of their online programs this year due to a programming oversight. Don't expect to take advantage of the offer if you were turned away online and went elsewhere, though—the offer is only good for "civil union, domestic and same sex partner clients, who started with TaxCut online and then completed their returns in one of our retail offices." If you fit that requirement, you can request the coupon or software here. More »

news from the swamp

Republicans Have Killed The Passenger's Bill Of Rights. Long Live The Passenger's Bill Of Rights!

Get ready to spend nine hours on the tarmac without food or water. Senate Republicans yesterday shoved the Passenger's Bill of Rights into the chamber's overhead bin, killing off hope that the bill will pass before the elections. Even worse, the shot-down bill had transformed into a gleaming marvel of consumer protection. More »

travel

Passenger's Bill Of Rights Taxis Toward Passage

The Passenger's Bill of Rights returns to the Congressional spotlight late tomorrow afternoon, but the bill isn't yet strong enough to deserve passage. More »

textbooks

NYT Editorial Board: Hey Congress, Textbooks Are Too Expensive!

The New York Times editorial board called on Congress to make college textbooks more affordable. The measure they endorsed wouldn't do anything Soviet like directly cap prices, but it would require textbook makers to tell professors exactly how much books would cost impoverished students. More »

followups

H&R Block Says It Does Not Refuse Tax Returns For Same-Sex Civil Unions

H&R Block recently got into trouble because when a Connecticut same-sex couple tried to file their taxes through H&R Block's website, the system spat back, ""We don't support Connecticut Civil Union returns." One of our readers wrote H&R Block about our post and their VP of Marketing actually wrote back to him to describe what she felt was media sensationalization of the story. She says that the problem happens because the Federal government doesn't recognize same-sex civil unions. The information for state tax returns gets inputted based on the federal, so in this specific case, it's not "flowing" correctly. It sounds like they're working on fixing that, though. Here's her email in full: More »

If you're on SSDI (Social Security Disability Insurance) and used Taxcut Online from H&R Block to file for your stimulus payment, it may have told you to print out the wrong form. The right form is 1040A, not 1040EZ.

do not call

Telemarketers Weep As President Signs Do Not Call Improvement Act

Never again will you have to worry about renewing your Do Not Call List registration thanks to Public Laws 110-187 and 110-188. Our newest laws provide a permanent stream of funding for the Do Not Call List and guarantee that registrations will never expire. Read the White House's ebullient press release, after jump. More »

e-filing

I-Can! E-File Not Quite Ready For Primetime

Last week we wrote about I-Can! E-File, a free electronic filing service for your federal income taxes. It's a great idea, and we're thankful to the Legal Aid Society of Orange County for doing something like this—but you might want to find an alternative this year and give them some time to work out the kinks. Today a reader emailed us to point out that icanefile.org's password system can be easily cracked, because instead of letting you choose an original password, it requires you to use your name and social security number to set up an account. More »

taxes

I-CAN! Files Your State And Federal Tax Returns For Free

I-CAN! is a web-based tax preparation tool that will file your tax return completely free of charge. I-CAN has no eligibility criteria or income restrictions and will eFile your state return for free if you live in California, Michigan, New York, Pennsylvania or Montana. It almost sounds too good to be true. So why isn't I-CAN! a member of the IRS' Free File Alliance? More »

That was fast. The Senate today passed H.R. 5140, a $167 billion economic stimulus plan, by a vote of 81-16. The final bill grants rebates to seniors and disabled veterans, but does not extend unemployment insurance or provide heating assistance to the poor. The bill will now take a quick breather in the House before sprinting down Pennsylvania Avenue for the President's signature. [AP]

Update: The Senate passed the bill.
Seniors and disabled veterans have joined the unemployed on the list of people who won't receive help from Congress under the developing economic stimulus plan. The Senate yesterday rejected an expanded stimulus package by a single vote, meaning that they will most likely approve the House's $146 billion plan that will send a $600 rebate check to most taxpayers. Congress will continue tweaking the package ahead of a self-imposed February 15 deadline. [U.S. Senate]

The House yesterday passed H.R. 5140, the Recovery Rebates and Economic Stimulus for the American People Act of 2008, by a vote of 385-35. The $146 billion economic stimulus plan funds $600 rebates for most taxpayers making less than $75,000. The Senate is preparing a competing $161 billion package that would extend unemployment insurance and give most Americans, including billionaires, a $500 rebate check. Speaker of the House Nancy Pelosi begged the Senate to shut up and play nice, saying: "I hope the Senate will take heed. It's not unprecedented that one chamber has yielded to another." [THOMAS]

yuck

Worst Tax Product Ever: The Refund Anticipation Loan Debit Card

Refund anticipation loans are bad enough, but H&R Block and Jackson Hewitt want you to get a RAL, and then put it on a fee-riddled pre-paid debit card. What a great idea! More »

advertising

H&R Block Lures College Students With $10 In "Pizza Cash"

Kevin sent in this ad for H&R Block trying to market to college kids by giving them $10 in "pizza cash" if you file through H&R Block. This sounds tasty, except that due to their low income, most college kids won't have to pay any taxes and it's pretty easy to do with FreeFile through the IRS.gov website, for free, natch. But file through H&R Block and you'll probably be paying at least $60. So, you could buy yourself $10 of pizza, or pay $50+ for H&R Block pizza. They still teach math in college, right?

complaining

Hotline Proposed For Banking Complaints

Consumers with banking complaints reflexively complain to the FDIC or their state Attorney General, even though five federal agencies regulate the banking industry. A bill introduced by Carolyn Maloney (D-NY) wants to connect aggrieved consumers to the right agency by establishing a hotline to handle all banking complaints. More »

news from the swamp

House Tackles Subprime Meltdown, Amends Truth In Lending Act

The House this week voted 291-127 to pass the Mortgage Reform and Anti-Predatory Lending Act, Congress' first major attempt to prevent a recurrence of the ongoing subprime meltdown. The bill, supported by every Democrat and 64 Republicans, stabs at the heart of the meltdown by:
  • Establishing a national licensing and registration system for mortgage lenders;
  • Establishing the Office of Housing Counseling within HUD to help borrowers avoid foreclosure;
  • Banning loans that a borrower cannot reasonably repay;
  • Banning lenders from steering borrowers towards loans with predatory characteristics;
  • Making banks that securitize mortgages liable for violating lending laws.
More »

news from the swamp

House Passes AMT Fix

The House voted 216-193 on Friday to keep 21 million middle-class taxpayers from paying the alternative minimum tax (AMT) next year. Republicans opposed the measure because the bill is funded by raising the tax on carried interest, paid exclusively by investment bankers, from 15% to 35%.
Friday's bill would extend AMT relief for one year, at a cost of about $51 billion. It includes another $30 billion in largely popular tax relief measures, including expanding the child tax credit, providing a property tax deduction to some 30 million families and extending a tax exemption for the combat pay of military personnel.
More »

news from the swamp

Liveblogging The House Judiciary Subcommittee Hearing On The Arbitration Fairness Act

Consumers may finally escape from the clutches of mandatory binding arbitration if the House Judiciary Committee smiles favorably today upon the Arbitration Fairness Act. Arbitrators rule against consumers in more than 98% of all disputes; the Subcommittee on Commercial and Administrative Law is currently meeting to consider H.R. 3010, which would restore consumers' rights to resolve disputes fairly and openly.

Today's hearing will feature two panels. Four separate law firms will testify, along with the American Arbitration Association and Public Citizen. Join us as we struggle to interpret the Committee's legalese - which may prove just as futile as binding arbitration.
(Photo: xsparrowx)

2:00: Video Link
2:05: Today's commentary is brought to you by both Carey and Meghann in the hope that two pairs of ears will be able to decipher the Committee's legalese.
2:41: FINALLY! The hearing has been called to order.

More »