I'm still finishing up the little snippets of info I learned at the last tax update.
The IRS will not be offering debit cards in 2012. This was a program where taxpayers could sign up to have their tax refund loaded into a debit card by the IRS instead of getting a paper check or direct deposit. The official reason is lack of interest in the program last year.
Well, DUH! As I said last year, the IRS was very late in getting the info out to their target taxpayers. The idea was to help keep taxpayers away from RALs and RACs and save them some money. But the program wasn't even announced until mid-January. Let's face it, most of these clients are in the minute they get all their W-2s and would have had their refund before they could sign up for the program.
The IRS hasn't ruled out the program but if they want the program to work they have think Thanksgiving to start enrollment not the end of January.