Posts Tagged ‘H&R Block’

SF Chronicle Nails Big Consumer Ripoff

Sunday, April 11th, 2010 by Al Lewis (alewis)

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/04/09/ED7H1CSB4H.DTL
During tax season, millions of people become victims of government-licensed loan sharks. That temporary storefront in your local neighborhood might say “tax preparation,” but in some cases it should say “high-cost loans.”
Here’s how it works: After these tax preparers calculate a customer’s tax refund, they offer a 90 percent payout on the spot, a so-called [...]

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