This article discusses how to get a tax refund advance and whether getting tax refund anticipation loans is a good idea.IRS Revenue Ruling 2012-1 Clarifies the Tax Deduction of Certain Prepaid Expenses. the issue of materiality and the matching of the income and expense for tax.
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Income Tax Refund Anticipation LoanRefund Anticipation Loan service or RAL is an optional service that you can get prior to e-filing your income tax refund online.If you have an income tax refund coming and need the money faster then your refund will arrive then apply.
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