2008 California Refund Anticipation Loan Report Total Dollars Lost

Release Date: April 11, 2008
File Size: 51 KB
File Format: pdf
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The chart, "Total Dollars Lost to Tax Preparation Fees, Refund Anticipation Loans (RALs) and Refund Anticipation Checks (RACs) in CA Cities with the Highest Number of Returns Filed," from "Keeping What They've Earned: Tax Credits for Working Families in California," a March 2008 report on how low-income families lose billions each year in Earned Income Tax Credit (EITC) benefits to high-interest, short-term loans, tax preparation fees, and other financial products issued by commercial tax preparers.