This tax season, you may remember Consumerist reminding you to file as early as possible, especially if you were expecting a refund or receiving certain tax credits aimed at lower-income Americans. New anti-fraud measures taken by the Internal Revenue Service and better awareness of the problem have apparently helped: The IRS reports that tax refund fraud has decreased. [More]
tax preparers
Unregulated Preparers, Lack Of Disclosures & Costly Financial Products Put Your Tax Refund At Risk
By 3.30.16
Each year during tax time millions of consumers put their financial future in the hands of strangers, trusting that these tax preparers — who are largely unregulated — know the rules, will get them the best possible result (hopefully a refund), and won’t sell them on a product that costs more than it’s worth. But in the world of complicated tax codes and credits, consumers continue to face a long list of risks, including untrained preparers, undisclosed fees, and dangerous refund anticipation products. [More]
DOJ Sues To Shut Down Liberty Tax Franchisee For Giving People Fake Jobs Based On Their Hobbies
By 2.9.16
Federal prosecutors are asking the court to shut down a Liberty Tax Service franchise in South Carolina, alleging that these locations have deliberately prepared false and inflated federal tax refunds by giving them income from fictional jobs and claiming children that don’t exist. [More]
Undercover Investigation Finds Serious Problems With Paid Tax Preparers
By 4.9.15
With the deadline for filing your annual tax return coming quickly, millions of Americans are putting their 1040s and other forms in the hands of largely unregulated paid tax preparers. But a new undercover report from the National Consumer Law Center finds that many of these preparers either don’t know what they’re doing or are allowing taxpayers to file false information. [More]
Walmart Lets People Pick Up Tax Refunds In Cash In Stores
By 1.20.15
Happy first day of tax season! Today is the first day that you can file your federal income tax return. Most Americans have to file a tax return, but a substantial number of people still don’t have bank accounts and conduct life in cash. Walmart wants to keep people in that situation away from check-cashing stores…and keep them in Walmart with a great big wad of cash in their wallets. [More]
Appeals Court Ruling Means Tax-Preparers Will Continue To Go Largely Unregulated
By 2.11.14
The federal government’s attempt to rein in the virtually unregulated tax-preparation industry was dealt a serious blow this morning after a federal appeals court upheld a lower court ruling that the IRS overstepped its authority by trying to require registration and testing for all tax preparers. [More]
Ask Tax Dad: Send Us Your Questions For Consumerist’s Tax Columnist
By 1.27.14
It’s almost time for W-2s and other tax documents to start winging their way from employers to our homes, and for the anxiety-inducing yearly tax season to begin. But taxes don’t have to be scary if your dad is there to help. Or, if your own dad isn’t around or doesn’t know anything about taxes, how about my dad? [More]
IRS: H&R Block Causing Refund Delays After Bungling 600,000 Tax Returns
By 3.12.13
Many of us find the Internal Revenue Service’s income tax return pretty darn difficult to figure out, which is why companies like H&R Block exist — ostensibly, to help customers maneuver the complicated forms and get them a nice tax refund if possible. But it seems H&R finds those forms confusing, too. [More]
Ask Tax Dad: A Recovering Slacker, An Incompetent Accountant, And The Tax Return Of The Dead
By 3.11.13 — Updated: 11.1.13
Usually, our staff Certified Tax Cat handles readers’ questions about taxes, but he got his tax refund early this year and is on vacation, taking a salmon-watching cruise on the Pacific coast. Filling in for him is Laura’s dad, a retired accountant and real live independent tax preparer. Exclusively on Consumerist this spring, Tax Dad answers your questions. [More]
Tax Dad Sez: Send Us Your Questions For Consumerist’s Designated Tax Preparer
By 2.26.13
Seriously old-school Consumerist fans might remember Ask Meghann’s Dad, where readers sent in questions about electrical wiring and home repair, and Mr. Marco was all competent and helpful. During a meeting to think of new story ideas, we remembered this and asked ourselves: what other experts do we have access to who are also related to us? Why, there’s our very own Tax Dad, independent tax preparer John Northrup. [More]
8 Tips For Picking The Right Tax Preparer
By 1.24.11
You know that I love you all and would just love to prepare every last one of your 1040s this year. But between my existing clients and that centipede I can’t seem to catch, I’m booked solid through tax day. [More]
H&R Block Screwup Costs You $10,000
By 3.15.09
Last year H&R Block told the IRS that reader Tuyen made $33,000 in charitable donations. Tuyen, who earns $60,000 per year, collected a huge rebate, but when he returned to H&R Block this year, he learned that thanks to the screwup he now owes the IRS $10,000 in back taxes.
Five Things Worth Paying For In A Recession
By 3.1.09
Just because the economy is imploding doesn’t mean you should entirely freeze your spending. The Wall Street Journal brings us a list of five things that are well worth their price, even in a recession.
Tax Cat's 8 Tips For Choosing A Tax Preparer
By 1.13.09
Tax Cat here. It’s that time of year again when our thoughts turn from the lovely holiday season to the pile of receipts and other crap that we don’t want to deal with — taxes. If you’re thinking of hiring someone to prepare your taxes this year — the IRS has some tips that will help you choose a qualified professional.
I-Can! E-File Not Quite Ready For Primetime
By 2.18.08
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.
I-CAN! Files Your State And Federal Tax Returns For Free
By 2.10.08
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?
