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Some commonly used tax-preparation companies that are offering tax refund advance loans this year include H&R Block, Jackson Hewitt, and TurboTax. While the amounts available vary by company, the ...
It was reported in 1989 that H & R Block had doubled its business at over 4,000 locations due to the introduction of this new refund loan service. [9] Refund advance loans spread to Canada through Liberty Tax Service and in time this company also moved into the United States market offering the same service. The proliferation of this tax loan ...
H&R Block, Inc., or H&R Block, is an American tax preparation company operating in Canada, the United States, and Australia. The company was founded in 1955 in Kansas City, Missouri, by brothers Henry W. Bloch and Richard Bloch. As of 2018, H&R Block operates approximately 12,000 retail tax offices staffed by tax professionals worldwide.
H&R Block currently does not offer its Refund Advance. The only advance loan available through the company is the Emerald Advance Loan, a fixed-rate short-term loan ranging from $350 to $1,300.
The Economic Stimulus Act of 2008 (Pub. L. 110–185 (text), 122 Stat. 613, enacted February 13, 2008) was an Act of Congress providing for several kinds of economic stimuli intended to boost the United States economy in 2008 and to avert a recession, or ameliorate economic conditions.
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