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Home / Law / IRS may stop tax preparers from offering refund loans

IRS may stop tax preparers from offering refund loans

The Internal Revenue Service said it may try to prevent tax preparers such as Jackson Hewitt Tax Service and H&R Block from offering customers refund loans and audit insurance because they can encourage fraud. The plan, if adopted by the IRS, would restrict tax preparers from passing along tax return information to lenders who provide instant ...

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