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A Spree…All For Free(?)…With A Tax Rebate

by Mary Emma Allen on March 19th, 2008

HomeBizNotes.com 

TurboTax Home & Business Federal + State 2007We’ve been discussing, here at the Business Channel, after Jennifer Hofmann at MyOrganizedBiz initiated a tax rebate daydream meme, how we’d spend ours.  Most have been assuming $600, but is appears in some cases it may only be $300. 

Supposedly it’s all for free.  However, somewhere, somehow, and by someone, the money will have to be paid.  Does this mean higher taxes eventually? 

Anyway, I should be sensible with mine and apply it toward the higher fuel bill that accumulated over the long, cold, snowy winter in New Hampshire. 

If I splurged, I’d get one of the laptops I’ve been looking at to replace mine that’s taking a “rest.”  Six hundred dollars would nearly cover the cost of one I’ve been eyeing. 

If you want to read a fun post about how my co-blogger Yvonne Russell would spend a rebate (there aren’t any in Australia where she lives), check out, $600 - Mine To Spend As I Please And All Guilt Free.

Kelly Erb, at Taxgirl, has a number of posts with up to date information about the rebate situation.

IRS Announces Order of Rebate Checks

How Much Is Your Rebate Check

Effect of Extensions on Rebate Checks

I’m not going to tag anyone in this meme, but I invite you to participate and tell us what you plan to do…pay bills or supposedly boost the ecomony by spending for something new.

(c)2008 Mary Emma Allen

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