"Mo Money" tax preparation company is in hot water for overcharging taxpayers for their services. Illinois Attorney General Lisa Madigan filed suit against the company yesterday for allegedly charging at least 800-thousand dollars in hidden costs and fees. They've also allegedly filed inaccurate tax returns without customer authorization.
Madigan is asking the court to shut down "Mo Money" locations in Chicago and East Saint Louis plus require the company to provide refunds to customers who were taken advantage of. Anyone who had their tax returns prepared by "Mo Money" is urged to call the internal Revenue Service at 800-829-1040.