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“Quick Tax Refunds” What's Real? What's Really a Loan?

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Updated March 2008

You’ve seen similar ads and posters from income tax preparation services:

Quick Income Tax Refunds
Rapid Refunds
Instant Money from Tax Refunds
Get Your Tax Refund Money Today

Some check cashing services are also featuring similar promotions. And what about auto dealerships that urge you to use your refund for a down payment on a new vehicle or retail establishments who want you to put that refund toward new furniture, appliances, or entertainment centers? To help you do that, they’ll be happy to help you prepare and electronically file your taxes.

 

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Zero! Zero! Zero! The Real Story

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Zero down! Zero interest! Zero payments for Six Months! It seems like everyone is jumping on the "zero" bandwagon these days! What can go wrong with a deal like that?

Just about everything. You need to know the facts, starting with the fact that these promotions, in my opinion, are some of the most deceptive and unfair I've seen in years. By using word games and by deliberately obscuring details, the promotions hurt unwary consumers' pocketbooks in big ways. Read the very fine print and you'll see this:

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Handling Stress

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Economic hard times, a tense climate after September 11, and uncertain employment opportunities mean that most of us are fighting some degree of stress, frustration, anger, and even depression. If you've got kids, they're facing some of the same realities. But you are not entirely at the mercy of these emotions. The experts involved with the sites below all agree you're the boss when it comes to reacting to stress.

Stress Management Tools Available Online

Here are some powerful tools to help you deal with stress in the best ways possible:

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Web Links

January 2009

Did you recently get a new computer or other electronics and you don't know what to do with the old stuff. Then check out these sites:

Where Can I Donate or Recycle My Old Computer and Other Electronic Products? — This page from the Environmental Protection Agency can help you find a local program, manufacturer and retailer programs, and government-supported donation and recycling programs.

Electronics Reuse and Recycling Center from GreenerChoices.org — This site from Consumer Reports provides various information about what you can do with your old electronics including donating and recycling.

Federal Reserve Consumer Help
This site is loaded with information from the Federal Reserve Board. Learn more about checking accounts, credit reports, deposit insurance, electronic banking and more. Other sections include file a complaint, find an answer, and other resources.

Tax Tips for 2009
Beginning January 5th, the IRS will issue more than 70 tax tips through the April filing deadline. These easy-to-understand tips cover a wide range of topics.

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