Protecting Consumers at Tax Time: Federal and State Efforts to Address Common Problems Associated with Paid Tax Preparation
A report, released today entitled Protecting Consumers at Tax Time: Federal and State Efforts to Address Common Problems Associated with Paid Tax Preparation, details the challenge consumers face when trying to pick a paid tax provider and the key components of a successful state reform effort. “Transparency of pricing, minimum training and competency standards, regulation of credit products and a prohibition on junk fees represent the key components of meaningful reform,” said Michael Best, Senior Policy Advocate at Consumer Federation of America.
