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03/15/2013
Identity theft of information in tax returns and theft of tax refunds have exploded, reported Brian New of CBS11-TV, Dallas - Fort Worth. BBB advises that IRS will only be in touch by letter, not email, phone or text.
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02/03/2012
Taxpayers have until April 17 to file their 2011 tax returns and pay any tax due. According to the IRS, 80 percent of Americans will enlist the help of a tax preparer or tax software when filing their taxes. Better Business Bureau encourages taxpayers to use caution when selecting tax preparation help to avoid penalties or fees.
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01/27/2012
Tax preparers often offer Refund Anticipation Loans to allow you to immediately receive your tax refund. However, RALs are not an actual refund from the IRS but are a short-term loan from the company.
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12/30/2011
What do rebate and refund policies have in common, particularly this time of year? They're a source of confusion and aggravation for consumers who didn't fully understand them when making a purchase.
An editor at Consumer Reports estimated that 40 percent or more of people who are enticed to buy a product by the offer of a rebate never get it because they fail to meet processing requirements. Others simply forget to file for the rebate.
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12/07/2011
U.S. Money Reserve of Austin, Texas has agreed to pay $5 million in restitution to customers as part of a settlement with the Texas attorney general. The BBB issued an alert on the firm in March.
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12/02/2010
The federal government is currently sitting on $164 million in uncollected tax refund money, primarily due to the fact that many neglected to update their address.
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10/04/2010
Verizon Wireless will be paying up to $90 million in refunds to settle a dispute that had improperly charged customers for Web access.
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