Sunday, April 27, 2008

THE REBATES ARE COMING! THE REBATES ARE COMING! PART II

The IRS will begin to distribute the “stimulus” election year bribes tomorrow – Monday, April 28 – four days ahead of schedule.
.
About 800,000 tax filers will have their rebates directly deposited into their bank accounts per day on Monday, Tuesday and Wednesday. The IRS will take Thursday off, and continue with 5 million payments on Friday.
.
Taxpayers who requested that their 2007 federal income tax refund be directly deposited to a bank account will have their "stimulus" rebate also directly deposited to the same account(s).
.
According to a Treasury Department spokesman the payments will be going out ahead of schedule because of a new computer program that updates records daily.
.
More than $110 billion in rebates will be distributed to some 130 Million taxpayers (and “non-taxpayers”) by July – all of which will come directly from the budget and therefore increase the federal deficit.

Make sure to make a note of the amount of the rebate you receive, or keep the check stub, so you can tell your tax professional what you received next year.

TTFN

1 comment:

Tim said...

These rebates will be nice, and I already have a plan for mine! I'm taking a much needed vacation and going to Washington DC over the fourth of July to watch the fireworks!
Tim
TheMoneyKings.com