Rapid Refund
May 10, 2009
Paying taxes in April is inevitable, and in fact a good thing, we should all be contributing a fair portion of our income to the functioning of our federal government. The past few years professional tax preparers have been offering clients instant tax return refund payments – get your money NOW! For the average person who might use this service, if they would file electronically and specify a direct deposit account, the IRS would deposit the money within a couple weeks. What makes me crazy is that people are paying the tax preparer a fee to get fast access to thier own money. When a bank loans money, they are taking a risk that you might not pay back, and charge an appropriate interest rate for thier service. When H&R Block or Liberty charges a fee to the “borrower”, they have no risk at all, yet charge a hefty fee for the service. Next year, just wait a little while and the IRS will give you your refund money, no strings or fees attached.