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Article #99

Re: Instant Cash Tax Return

#99
From: Scott Campbell
Date: Thu, 05 Mar 1992 12:49
25 lines
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In article <1992Mar4.210322.3555@bcrka451.bnr.ca> janick@bnr.ca writes:
>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....
>

What if you end up owing the government? Does H&R charge you then?

scott

-- 
Scott J.M. Campbell            The truth hurts... Oh sure, maybe not as much as
Skypod Communications Inc.      jumping onto a bicycle with the seat missing...
Toronto, Ont. (416) 924-4059                            ..but it hurts. 
  scott@skypod.guild.org   scott@skypod.gts.org  ..uunorth!problem!skypod!scott
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Path: arc1-ca.pugleaf.net!sparky!uunet!news-server.csri.toronto.edu!utgpu!utzoo!telly!problem!skypod!scott
References: <1992Mar4.162703.4836@bnr.ca> <1992Mar4.210322.3555@bcrka451.bnr.ca>

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From: scott@skypod.guild.org (Scott Campbell)
Subject: Re: Instant Cash Tax Return
Message-ID: <1992Mar5.124901.17136@skypod.guild.org>
Organization: Skypod Communications Inc., Toronto, Ontario
References: <1992Mar4.162703.4836@bnr.ca> <1992Mar4.210322.3555@bcrka451.bnr.ca>
Distribution: bnr,ott
Date: Thu, 5 Mar 92 12:49:01 GMT