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Income Tax Refund Anticipation Check or Loan

Beware of Income Tax Refund Anticipation Checks or Loans.
Convenience comes with a price.

For example, the fine print of H&R Block’s Instant Money Refund Anticipation Loan reads: “Fees may apply”.

H&R Block’s State Refund Anticipation Check’s (RACs) fine print states: “State RACs are available in most states for $13″ and “Fees and additional terms and conditions apply.”

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Sunday, February 8th, 2009 Income Tax Deductions No Comments