Article View: bnr.general
Article #99Re: Instant Cash Tax Return
From: Scott Campbell
Date: Thu, 05 Mar 1992 12:49
Date: Thu, 05 Mar 1992 12:49
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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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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 10b600,1403680586497b34 X-Google-Attributes: gid10b600,public X-Google-Thread: 111a4f,1403680586497b34 X-Google-Attributes: gid111a4f,public X-Google-ArrivalTime: 1992-03-05 16:24:26 PST Newsgroups: bnr.general,ott.general Path: arc1-ca.pugleaf.net!sparky!uunet!news-server.csri.toronto.edu!utgpu!utzoo!telly!problem!skypod!scott 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