Discussion:A Reverse Payday Loan

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Revision as of 19:17, 2 November 2009
Natalie (Talk | contribs)
(Wow, what next?)
← Previous diff		 Revision as of 22:42, 3 November 2009
KatieJ (Talk | contribs)
(Not only that, b)
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{{ForumReplyPost|UserID=Natalie|Date=November 2, 2009|Text=Wow, what next? And yes they did -- it was earlier this year for refunds on last year's tax returns.}} {{ForumReplyPost|UserID=Natalie|Date=November 2, 2009|Text=Wow, what next? And yes they did -- it was earlier this year for refunds on last year's tax returns.}}
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 +{{ForumReplyPost|UserID=KatieJ|Date=3 November 2009|Text=Not only that, but estimated tax payments were accelerated earlier in the year to get more cash into the 2008-09 fiscal year. The first two quarterly estimates (April 15 and June 15) had to be 30% of estimated tax rather than 25%. Of course that means the second two payments, made in FY 09-10 (Sept. 15 and Jan. 15), are only 20%. This applies to both individuals and corporations. }}

Revision as of 22:42, 3 November 2009

Discussion Forum Index --> General Chat --> A Reverse Payday Loan

Death&Taxes (talk|edits) said:

2 November 2009
http://www.latimes.com/business/la-fi-state-tax31-2009oct31,0,2028140.story?track=rss

Didn't they give IOUs as refunds for a period of time last year?

Natalie (talk|edits) said:

November 2, 2009
Wow, what next? And yes they did -- it was earlier this year for refunds on last year's tax returns.

KatieJ (talk|edits) said:

3 November 2009
Not only that, but estimated tax payments were accelerated earlier in the year to get more cash into the 2008-09 fiscal year. The first two quarterly estimates (April 15 and June 15) had to be 30% of estimated tax rather than 25%. Of course that means the second two payments, made in FY 09-10 (Sept. 15 and Jan. 15), are only 20%. This applies to both individuals and corporations.
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