Wooohooo…a hole 4 days early :jerkit:
Funny you say that, because when I was doing my taxes, my accountant was getting phone calls from people asking when these would arrive because they have already spent them :LAWLZ:
Here is an example:
For taxpayers who can’t wait for their rebate checks, there appears to be no legal prohibition against banks and loan companies offering a refund anticipation loan (RAL) that includes the amount of the anticipated rebate check when a 2007 return is fi led. Senator Charles Schumer, D-NY, expressed concern over this problem at the confirmation hearing of IRS Commissioner nominee Douglas Shulman on January 29. To highlight the problem, Schumer observed, “in the case of the stimulus checks, consider a married couple with two children, expecting a $1,600 check in May, and a RAL provider or loan vendor promises to give them $1,400 in March instead. That’s an annualized interest rate of 87 percent.” Shulman said he didn’t yet know what “levers the IRS has on this” but pledged to do everything within his
power to prevent tax refund scams from targeting stimulus rebates.