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Free Virtual Events to Promote Financial Capability Among Consumers


Free Virtual Events to Promote Financial Capability Among Consumers
03/01/2021
Harrisburg, PA - The Pennsylvania Department of Banking and Securities (DoBs) will be hosting and participating in virtual presentations to help consumers understand their rights and make well-informed decisions about money.
“An important part of the department’s mission is to ensure consumers and business are well-informed about the financial marketplace,” said Tim Arthun, Deputy Secretary for Financial Services. “The department remains committed to consumer protection each and every day and this special line-up of events serves to promote financial capability and increase consumer awareness about scams and how to protect themselves.”   ....

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Council OKs bill to protect consumers during tax prep


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City councilors on Monday voted to pass legislation requiring a new level of transparency from some paid tax preparers. (Jim Thompson/Albuquerque Journal file)
Copyright © 2021 Albuquerque Journal
With Americans now beginning their annual reconciliation with the IRS, city leaders are turning their attention to predatory practices in the tax-preparation industry.
The Albuquerque City Council on Monday voted 8-0 to pass legislation requiring a new level of transparency from paid tax preparers who are not licensed attorneys or Certified Public Accountants. Such providers will have to detail their fees up front and provide written service estimates; tell consumers about their educational attainment and tax-prep experience; and provide a copy of a “consumer bill of rights” created by the city in both English and Spanish. They must also alert potential clients that they may be ....

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