IRS going paperless
Teresa Mears' January 13, 2011 article in The Associated Press sheds light on a new paycard program offered by the IRS as a way to help unbanked tax payers receive their tax refunds electronically, which makes the tax filing process cheaper and more efficient for everyone involved. To read the full article, click here.
Tax refunds via direct deposit arrive much quicker than the traditional paper check approach, and help tax filers avoid the rising fees of check cashing stores. If the filer doesn't have a bank account, a paycard can be the perfect alternative. The SOLE Visa Debit paycard can be used for tax refunds, unemployment, social security, and even payroll dollars with your current job.