Monday, March 02, 2009

The Taxman Cometh

Early tax filers scramble for refunds; most will pay down debt

CHICAGO (MarketWatch) -- Cynthia Jeanguenat, a professional tax preparer in Virginia Beach, Va., said she was inundated with clients' tax forms in the second week of February. What jumped out, however, was the large number of the usual clients who had filed earlier than in years past.

"People are creatures of habit and tend to come in at the same time every year," said Jeanguenat, who is an enrolled agent at Horizons Unlimited. "But some of the folks who already are in I don't normally see until the middle or third week of March."
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Source: MarketWatch

Note: I don't know about you, but I don't want to risk getting an IOU from the government, any more than the next guy. In fact, I don't even want a check...I want it direct-deposited, right into my account.

On the other hand, if they can "direct-deposit", what's to stop them from "direct-withdrawal"?

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