BulldogTom Posted June 9, 2009 Report Posted June 9, 2009 SBBT has sent a letter saying that they believe the law in several states (CA for me) requires registration as a loan broker to offer RAL's. Their position is they cannot offer a rebate and the preparer cannot charge the taxpayer for RAL's in CA unless they are registered as a loan broker. They are therefor suspending payments of rebates on RAL's to tax preparers in CA. Did any of you recieve this letter? Do you think they are correct in their opinion? I hate RAL's, but I have to offer them to stay in business. I wish they would outlaw the darn things. Tom Lodi, CA Quote
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