Many taxpayers, especially
low-income and taxpayers with limited English
proficiency (“LEP taxpayers”), request
refund anticipation loans (RALs) because they
are unaware of other methods of speeding up their
tax refund through the use of early filing, e-filing,
and direct deposit.
Proposal:
TAP recommends that
the IRS direct its current advertising campaign
toward educating taxpayers on how to speed up
their tax refunds through the use of early filing,
e-filing, and direct deposit. IRS could also inform
low-income and LEP taxpayers about these alternatives
to RALs through Low Income Taxpayer Clinics (LITCs).
Graphic Version