The Treasury Department is launching a pilot program to deliver tax refunds via prepaid debit cards rather than checks.
The plan aims to cut down on the administrative costs associated with checks and to help lower-income taxpayers without bank accounts, The Wall Street Journal said.
The government will send letters to about 600,000 low- and moderate-income taxpayers inviting them to activate a…
Continue reading Treasury Turns to Prepaid Debit Cards for Tax Refunds
Treasury Turns to Prepaid Debit Cards for Tax Refunds originally appeared on DailyFinance on Thu, 13 Jan 2011 07:15:00.