In the coming weeks, South Dakotans will be given a chance to file their taxes online directly with the Internal Revenue Service at no cost. Plans are coming together for the pilot project offered in a dozen states. IRS officials hope the "Direct File" option will be ready by mid-March, giving taxpayers in selected states about one month to take advantage before the general filing deadline. .
Free tax-filing assistance is available once again in Washington state starting today. The AARP Foundation s Tax-Aide program is available to everyone regardless of age or income level. Charles Humble, communication volunteer lead for the AARP Foundation Tax-Aide program at AARP Washington, said people are grateful for the program, recalling a single mom with three kids he helped get several thousand dollars back through her tax refund. .
The Consumer Financial Protection Bureau is proposing a rule on overdraft fees that would benefit New Yorkers. The rule closes a loophole exempting overdraft fees from provisions in the Truth in Lending Act. Research shows New Yorkers paid almost $1.5 billion in overdraft fees during the early years of the pandemic. .
RICHMOND — Virginia legal advocates are on the lookout for attempts to subvert the state's Fairness in Lending Act. The 2020 law establishes a fair regulatory…