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re: The epidemic of tax-return preparer businesses
Posted on 2/1/16 at 2:53 pm to Topwater Trout
Posted on 2/1/16 at 2:53 pm to Topwater Trout
Bingo
With the advance refund, you're not purchasing speed, you are exchanging 2 in the bush for one in the hand.
Purchasing speed would be paying an interest rate on a loan for your full amount, not giving up 30% of it
With the advance refund, you're not purchasing speed, you are exchanging 2 in the bush for one in the hand.
Purchasing speed would be paying an interest rate on a loan for your full amount, not giving up 30% of it
This post was edited on 2/1/16 at 2:54 pm
1
Posted on 2/1/16 at 2:57 pm to Thib-a-doe Tiger
quote:No. Fedex is a fee for speed, no interest rate is involved there.
Purchasing speed would be paying an interest rate on a loan for your full amount, not giving up 30% of it
It is illegal to charge by a percentage of a refund. Under that scenario, these places would have to pay you if you owed taxes.
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