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More Banks Pulling Out of RAL Business
February has seen more banks pulling out of the refund anticipation loan (RAL) business. Two FDIC–regulated banks will exit the business after the 2011 filing season; a third, Republic Bank, has chosen...
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Some Banks Would Rather Fight than Switch
Some Banks Would Rather Fight than Switch The IRS and bank regulators have made it abundantly clear they believe the assertions by self proclaimed “consumer advocates” that any loan product associated...
View ArticleIRS confirms plans to retire two e-Services products in August
IRS confirms plans to retire two e-Services products in August Tax practitioners react strongly, petition the IRS to reverse course on e-Services scale back By Jim Buttonow, CPA, CITP The IRS confirmed...
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