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Why is there always tax preparer offices in the ghetto next to pawn and liquor s

Store. Never fails. It will be on the same strip as the CASH...
poppy masturbator lettuce
  01/14/20
It's to get a "refund" on the taxes they had to pa...
Plum Milk
  01/14/20
What do you mean “why”?
Bat-shit-crazy Antidepressant Drug Windowlicker
  01/14/20
What taxes do they pay
poppy masturbator lettuce
  01/14/20
Payroll withholdings. If you are poor and have a w-2 job yo...
Bat-shit-crazy Antidepressant Drug Windowlicker
  01/14/20
They give out refunds that amount to short term loans at 75%...
wine useless brakes location
  01/14/20
...
aqua menage toilet seat
  01/14/20
...
Mustard bull headed point old irish cottage
  01/14/20
This is CSLGs brotherd biz btw
pearly buck-toothed degenerate filthpig
  01/14/20
It's a guaranteed money maker. Should be illegal.
wine useless brakes location
  01/14/20
I thought he was in "tax resolution" which is an e...
judgmental tantric area nibblets
  01/14/20
180. No accounting skills necessary
pearly buck-toothed degenerate filthpig
  01/14/20
These places grind out a couple thousand returns, many or mo...
Cream regret
  01/14/20
Obviously, these entrepreneurs structure their business with...
Brass Arousing Hairy Legs
  01/14/20
It's because their business model is not based on filing you...
Cobalt gaped house pervert
  01/14/20
it's true i did this gig out of college would make $13-$15/h...
Geriatric Ticket Booth Potus
  01/14/20
How profitable are these businesses
sick talented theater
  01/14/20
very
Geriatric Ticket Booth Potus
  01/14/20
Let's do the math, brother. Month-to-month rent for four ...
Cobalt gaped house pervert
  01/14/20
And then what happens for the rest of the year?
sick talented theater
  01/14/20
Poast and relax.
Cobalt gaped house pervert
  01/14/20
...
rebellious 180 deer antler voyeur
  01/14/20
Collection rates?
Carmine Charismatic Hunting Ground Athletic Conference
  01/14/20
You shouldn't do month to month, just rent a bigger place an...
Brass Arousing Hairy Legs
  01/14/20
Holy shit 180. I'm in the wrong business
Emerald volcanic crater
  01/14/20
How do you collect from deadbeat proles
sick talented theater
  04/27/20
?
elite multi-billionaire
  04/27/20


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Reply Favorite

Date: January 14th, 2020 12:03 PM
Author: poppy masturbator lettuce

Store. Never fails. It will be on the same strip as the CASH for gold stores and liquor store. Also always with a sign “cash NOW! “ or someone in a Statue of Liberty outfit with a sign flying

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429198)



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Date: January 14th, 2020 12:24 PM
Author: Plum Milk

It's to get a "refund" on the taxes they had to pay for their WIC/Section 8/etc.

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429345)



Reply Favorite

Date: January 14th, 2020 12:25 PM
Author: Bat-shit-crazy Antidepressant Drug Windowlicker

What do you mean “why”?

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429354)



Reply Favorite

Date: January 14th, 2020 12:27 PM
Author: poppy masturbator lettuce

What taxes do they pay

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429367)



Reply Favorite

Date: January 14th, 2020 12:35 PM
Author: Bat-shit-crazy Antidepressant Drug Windowlicker

Payroll withholdings. If you are poor and have a w-2 job you get a refund. And you might be willing to take 80 percent of that refund in cash in January rather than wait until February.

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429407)



Reply Favorite

Date: January 14th, 2020 12:26 PM
Author: wine useless brakes location

They give out refunds that amount to short term loans at 75% interest

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429361)



Reply Favorite

Date: January 14th, 2020 12:41 PM
Author: aqua menage toilet seat



(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429430)



Reply Favorite

Date: January 14th, 2020 12:55 PM
Author: Mustard bull headed point old irish cottage



(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429480)



Reply Favorite

Date: January 14th, 2020 12:59 PM
Author: pearly buck-toothed degenerate filthpig

This is CSLGs brotherd biz btw

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429499)



Reply Favorite

Date: January 14th, 2020 1:08 PM
Author: wine useless brakes location

It's a guaranteed money maker.

Should be illegal.

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429536)



Reply Favorite

Date: January 14th, 2020 1:26 PM
Author: judgmental tantric area nibblets

I thought he was in "tax resolution" which is an even bigger scam

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429637)



Reply Favorite

Date: January 14th, 2020 1:42 PM
Author: pearly buck-toothed degenerate filthpig

180.

No accounting skills necessary

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429719)



Reply Favorite

Date: January 14th, 2020 1:14 PM
Author: Cream regret

These places grind out a couple thousand returns, many or most of which contain fabricated schedule c "self-employment" income in cash heavy businesses. Amazingly, every hair dresser and day laborer who comes in makes exactly as much gross income as whatever the max for the earned income tax Credit is. They then add every possible Dependent and generate refunds in the many thousands of dollars for the "taxpayer."

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429582)



Reply Favorite

Date: January 14th, 2020 1:23 PM
Author: Brass Arousing Hairy Legs

Obviously, these entrepreneurs structure their business with the tax implications in mind and quit working for the year once they hit the cap.

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429629)



Reply Favorite

Date: January 14th, 2020 1:30 PM
Author: Cobalt gaped house pervert

It's because their business model is not based on filing your taxes. Sure, they do that. Some will even do it for free as an incentive.

It's all low income people with very simple 1040EZ returns. Probably takes 30 minutes on average to complete each one.

The catch is that most low income people get a refund and the tax filing place issues it to them ON THE SPOT as essentially a high interest payday loan.

These people absolutely CANNOT resist taking a $1,000 check today in exchange for signing over their $1,400 return to the preparer.

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429651)



Reply Favorite

Date: January 14th, 2020 1:32 PM
Author: Geriatric Ticket Booth Potus

it's true i did this gig out of college would make $13-$15/hr working up EIC forms for $270/piece

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429666)



Reply Favorite

Date: January 14th, 2020 1:32 PM
Author: sick talented theater

How profitable are these businesses

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429667)



Reply Favorite

Date: January 14th, 2020 1:33 PM
Author: Geriatric Ticket Booth Potus

very

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429672)



Reply Favorite

Date: January 14th, 2020 1:42 PM
Author: Cobalt gaped house pervert

Let's do the math, brother.

Month-to-month rent for four months (Jan-April) in a strip mall in a ghetto shopping center (the more ghetto, the better for this type of business): $4,000.

Two tax prep filers @ $15/hr full-time for 14 weeks: $20,000 after payroll taxes.

Salvation Army furniture and some shitty computers: $1,500

Marketing: $5,000

Total costs: $31,000 (rounded up for misc costs).

Now let's say you average $300 on each return and process on average six per day, six days per week, for 14 weeks: $151,200

$151,200 - $31,000 = $120,200 in profit for 14 weeks of work. Six per day seems low, too. I bet you could do more.



(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429716)



Reply Favorite

Date: January 14th, 2020 1:46 PM
Author: sick talented theater

And then what happens for the rest of the year?

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429733)



Reply Favorite

Date: January 14th, 2020 1:49 PM
Author: Cobalt gaped house pervert

Poast and relax.

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429753)



Reply Favorite

Date: January 14th, 2020 1:53 PM
Author: rebellious 180 deer antler voyeur



(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429776)



Reply Favorite

Date: January 14th, 2020 2:45 PM
Author: Carmine Charismatic Hunting Ground Athletic Conference

Collection rates?

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39430026)



Reply Favorite

Date: January 14th, 2020 3:57 PM
Author: Brass Arousing Hairy Legs

You shouldn't do month to month, just rent a bigger place and also be a pawn shop. Pawn shops are a year round business and you can issue refunds in the form of store credit.

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39430342)



Reply Favorite

Date: January 14th, 2020 1:34 PM
Author: Emerald volcanic crater

Holy shit 180. I'm in the wrong business

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#39429676)



Reply Favorite

Date: April 27th, 2020 10:25 PM
Author: sick talented theater

How do you collect from deadbeat proles

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#40106362)



Reply Favorite

Date: April 27th, 2020 10:29 PM
Author: elite multi-billionaire

?

(http://www.autoadmit.com/thread.php?thread_id=4421706&forum_id=2#40106387)