<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1633986543543221&amp;ev=PageView&amp;noscript=1">

RALs, RACs and Superheroes

Ross Wolfe on Oct 26, 2012

Refundo: Mild-mannered software programmers by day, superheroes by night?

 

The needs of the ordinary taxpayer — especially the underbanked and unbanked — have for too long now gone unmet.  Junk fees, hidden costs, and exorbitant rates for routine tax preparations act as financial disincentives for those who would otherwise save or invest and needlessly penalize those who are just trying to make ends meet.  To make matters worse, the ones hardest hit by these unnecessary charges are often those who can least afford it.  A recent study by the US Treasury Department has found that the people most reliant on Refund Anticipation Checks (RACs) and Refund Anticipation Loans (RALs) to get quick cash are single parents, young adults, immigrants, active military personnel, and the working poor.

Read More

Allow Us to Introduce Ourselves - Refundo

Ross Wolfe on Jun 22, 2012

 

The dark ages of tax preparation: The tax refund process before Refundo.

The income tax industry often gets a bad rap, especially when it comes to the refunding process.  To ordinary taxpayers — especially those hailing from grossly unbanked and underbanked communities — the prices they get charged seem completely arbitrary.  Most have no idea where their money goes.  Junk fees and exorbitant rates for routine tax preparations tend to needlessly penalize those who are just trying to make ends meet.  To make matters worse, the ones hardest hit by these unnecessary charges are often those who can least afford it.

Read More
     

Subscribe to email updates

Mobile app for your tax office

Most Popular