Saturday, November 26, 2016

Consumer Rebate Program ???






CAN YOU REALLY “COLLECT A ‘CASH REBATE’ ON NEARLY EVERY SINGLE PURCHASE MADE IN 2016?”

So what are they really talking about? Can you actually get a “cash rebate” from the government just for buying stuff?

Well, sort of.


IRS Recovery Rebate Credit Information Center


Re: Consumer (cash) Rebate Program passed by Congress real or not?

Here's the scoop. Executive summary: It's just the same old sales tax deduction that you've been able to take in place of a state and local income tax deduction, for ten years now. The only thing that's "new" about it is that it became permanent last fall, instead of something that Congress had to extend on a year-by-year basis.

I don't know how the "Oxford Club" hopes to benefit here, but *sigh*, I can hear my tax accountant saying "You Dumb Dick."





1 comment:

Anonymous said...

Evidently Rodger and I have the same accountant.

Sir H the Comet

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