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There is no statement about the fees associated with accessing your income tax refund. But they do say that this should save the IRS about 90¢/refund or about $40M/year. I wonder how much this regressive tax will cost low-income filers?

Let's keep our players straight. The IRS has nothing to do with this since it has nothing to do with the acutal issuance of refunds. That's the Financial Management Service, FMS, which is heavily involved with trying to get rid of paper checks throughout the government. They just recently announced future changes for Social Security recipients. You must have gotten an abbreviated version of the article. I found lots of information in it about fees.

If you have your income tax return direct deposited, you appear to be safe. For now.

That statement is just plain troublemaking nonsense.

Rule Your Retirement Home Fool
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