National Consumers League

From the Experts Blog

NCL staff is hard at work for you playing watchdog on a variety of issues. Get to know the latest From the Experts!

Don’t miss out on this important tax credit

For taxpayers who claimed the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC), this is the week that those refunds will start to arrive in bank accounts or on debit cards. Due to a new law designed to reduce rates of tax identity fraud, the IRS this year began holding refund checks for EITC and ACTC-eligible filers until February 15. Because of the President’s Day and other bank holidays, filers who applied for those credits won’t start seeing their refunds in their accounts until today. Impacted individuals can check the status of their refund online or on the IRS2Go mobile app.  

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Union membership hitting new low

SG_HEADSHOT.jpgThe sad news that union membership has hit the lowest levels on record in the U.S. means a further depression of wages and benefits. According to a report by the U.S. Labor Department (DOL), only 10.7 percent of workers were union members last year, down from 11 percent in 2015, and nearly 20 percent in the early 1980’s.

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Find yourself asking, 'Where’s my refund?'

The law requiring the IRS to delay issuing refunds for certain taxpayers has caused a lot of uncertainty this tax season. In fact, it is believed that this delay, which impacts those claiming the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC), is partially responsible for up to a 78 percent drop in refunds compared to this time last year. This has left many wondering when they can expect their refund in their bank account.

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America needs the CFPB now more than ever

SG-headshot.jpgGiven the multiple fusillades the week-old Trump Administration has lobbed at civil liberties, the environment, and abortion rights, the attack on the Consumer Financial Protection Bureau (CFPB) might seem rather minor. But nothing could be further from the truth. Two Republican Senators are asking President Trump to remove the director of the CFPB, Richard Cordray.

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