NEWS: Shady Tax Prep Service Keeps Customers’ Money

In BWAHAA!, On TV, Videos by Deezy0 Comments

This is why I do my own taxes and have for years.  That refund anticipation madness is a huge scam.

Seems a small tax preparation company in Memphis, called Mo Money Taxes is charging illegal fees and requiring their customers up to $500 to get the taxes prepared and they must pay upfront!


And on top of all of that, after they waited for weeks for their return, they find out from the I.R.S. that their full refund amount had been claimed and issued already. One customer even has the exact date her refund was issued and the routing number to the account that it was deposited into.

The company had previously been sued in 2010 by the Arkansas Attorney Gen’l,  and resurfaced under a different name, MoneyCo.