TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

Thursday, January 13, 2011

IRS to Offer Tax Refunds on Visa Debit Cards

IRS Logo The Treasury Department announced yesterday that it would give 600,000 low- and moderate-income taxpayers the opportunity to receive their 2010 tax refund in the form of a MyAccountCard Visa┬« Prepaid Debit Card (FAQ).

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The goverment probably got the idea after seeing all the money that Home Depot accumulated from unused and lost gift cards.

Posted by: Woody | Jan 14, 2011 8:02:10 AM