Tax Preparers Promising Large Refunds
Tax preparers that promise large refunds are to be approached warily. With tax season upon us, there is going to be a strong push by preparers from coast to coast to attract consumers needing their tax forms prepared. One of the tactics used is making promises that cannot be kept.
Tags: Tax preparation, tax, [...]
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Consumers Lose Millions To Tax Refund Operations
Many consumers expecting a refund are anxious to get it as soon as possible. That makes them vulnerable to promises of quick tax refunds. They may need the money to pay rent or make immediate debt payments. Often what happens is that consumers lose a large part of the refund to interest and fees.
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Tax Specialist Scams Are Still Scams
The tax season is here and this is the time of year consumers can expect to hear terms like “tax settlement specialist”. According to the advertisements this is someone who can help you settle a tax debt for pennies on the dollar. If the image of a snake oil salesman comes to mind, you would [...]
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Consumer Wages Squeezed By Inflation
Consumers have been under attack economically for a year and a half due to the impact of the recession, and now a new front is forming. The US government recently issued a report that showed consumer wages are being outpaced by inflation.
Tags: recession, College tuition, inflation, salary, consumer wages [...]
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Rapid Tax Refunds Can Turn Into High Interest Loans
As soon as tax season approaches the advertisements for Rapid Tax Refunds appear. They sound so simple up front: Get assistance filing a tax return online for a fee and the company will even loan you the money up front equal to the estimated refund. What a deal! Or is it?
Tags: Refund anticipation loan, [...]
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New Warnings Issued Over Debt Settlement Traps
There has been a new set of warnings issued by consumer groups concerning debt settlement companies. Debt settlement companies offer to help consumers gain control of their debts for a fee. But not all debt settlement companies are equal, and that is why some consumers actually find themselves deeper in debt after paying the fees.
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To Borrow Or Not To Borrow…the Question Facing Consumers
The official government reports have been issued for November 2009 and interpreting the statistics is a challenge in terms of what it means for 2010. For ten straight months consumers have borrowed less on their credit cards and taken out fewer loans. In fact, the amount of money borrowed in total on credit cards has [...]
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Downsizing Weddings To Stay Out Of Debt
Before the recession, the wedding business was booming in every way. People were spending tens of thousands of dollars on their weddings. From expensive wedding dresses to wedding chapel rental fees on resort islands, the cost of weddings seemed to grow without limitation.
Tags: save money at weddings, wedding costs, wedding debt, [...]
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