Bloomberg warns of tax scams

The News Leader

March 30, 2011 1:16:59 PM PDT
With tax deadline fast approaching, New York City's officials are warning about tax scams.

A citywide inspection of more than 1,200 income tax preparers found one in three operations violated consumer protection laws.

Department of Consumer Affairs say violations include misrepresenting tax preparer's, qualifications and illegally advertising refund anticipation loans.

These loans come with high-interest, which often is not disclosed customers.

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