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Article #96

Re: Instant Cash Tax Return

#96
From: Janick Bergeron
Date: Wed, 04 Mar 1992 21:03
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In article <1992Mar4.162703.4836@bnr.ca>, dclayton@bnr.ca (Don Clayton) writes:
> Does anyone know of any Tax Accountants or companies that offer Instant
> Cash Tax Returns in Ottawa?  If so, do you know what they charge to do
> your tax return, and for the privilege of getting your money 6 weeks
> earlier?

H&R Block does it. But are you in the habit of borrowing money at 70%
interest ? If so, I have some to lend you...

Typical discounts on reimbursement is 15% for the first $300 and 5% for
the rest. Let's assume your reimbursement is for $1000. They will give
you 0.85*300 + 0.95*700 = $920. That's 8% over 6 weeks or 69% over a year.
I'd file the return myself (there are 1-2-3 spreadsheets kicking around)
and wait the 6 weeks if I were you....

No wonder they don't charge anything for filling out your return. Where
else can you get that return on your investment ???
--
Janick Bergeron    Bell-Northern Research, Ltd       Ph.: (613) 763-5457
System Level    P.O. Box 3511, Station C, Stop 049   Fax: (613) 763-7241
Modeling         Ottawa, Ontario, Canada, K1Y 4H7  email:  janick@bnr.ca 
library quote; use quote.funny;  library disclaimer; use disclaimer.all;
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From: janick@bcrkd13.bnr.ca (Janick Bergeron)
Subject: Re: Instant Cash Tax Return
Message-ID: <1992Mar4.210322.3555@bcrka451.bnr.ca>
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Organization: Bell-Northern Research, VHDL Group
References: <1992Mar4.162703.4836@bnr.ca> 
Distribution: bnr,ott
Date: Wed, 4 Mar 1992 21:03:22 GMT