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04-03-2021, 08:23 PM
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#1 | Need my Daily Fix of RS
Join Date: Jun 2003 Location: Vancouver
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| H&R Block Instant Refund and Pay with Refund
Anyone here have experience with these two programs by H&R Block? Do a lot of people use these?
Thanks!
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http://www.revscene.net/forums/showthread.php?s=&threadid=223779
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04-03-2021, 08:53 PM
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#2 | Los Bastardo owned my ass at least once
Join Date: Apr 2014 Location: Van
Posts: 6,010
Thanked 2,504 Times in 1,344 Posts
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I always thought they take a huge cut
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04-04-2021, 09:41 AM
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#3 | ninja edits your posts without your knowledge
Join Date: Jan 2004 Location: Vancouver
Posts: 14,997
Thanked 6,370 Times in 1,795 Posts
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Posted this in another thread but figured it might be good here.
I bought an activation code for StudioTax that allows up to 20 returns. Suffice to say that I won't be sending that many returns even if I do everyone in my immediate family.
RS Special: Anyone using StudioTax can PM me and I'll send you the code. Just let me know how many you'll be using so that I can keep track and then remove this comment when it's gone. Annnnd all gone. Hope everyone got in while they could. Maybe we'll see you again next year! |
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04-05-2021, 08:02 AM
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#4 | RS.net, helping ugly ppl have sex since 2001
Join Date: Apr 2004 Location: GTA, BC, HK
Posts: 8,019
Thanked 2,746 Times in 1,184 Posts
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I use an accountant. One man shop; office at Parker place. Super legit as he's on the radio talk each week. The fact he has an office and not a shady home office was key.
Maybe cause it's covid but man he's super on the ball when it comes to emails.
Lastly, when it comes to pricing, much better than freaking h&R block and when I ask him a questions, at least he answers! I'm not even sure if H&R block people are certified or accountants at all.
maybe i'm an old fart, but I do need good advice. I was on EI thsi yr and not sure if i shoudl bank bigger rrsp this yr or next yr. H&R block wasn't able to give me a solid answer or even give good insights on what others are doing. They are just paper pushers.
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04-05-2021, 08:44 AM
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#5 | Rs has made me the woman i am today!
Join Date: Sep 2006 Location: Vancouver
Posts: 4,168
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I remember one of my ex gf mom using them. This was like 13 years back at that time and I think they were charging like $100 bucks for a basic return.
I get it, not everyone knows how to use computers or could be scared to DIY, but their charge kinda steep for a basic return (which should takes max 1-hour if anything).
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04-05-2021, 09:10 AM
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#6 | I STILL don't get it
Join Date: Aug 2015 Location: Main & Hastings
Posts: 472
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| Quote:
Originally Posted by 6793026 maybe i'm an old fart, but I do need good advice. I was on EI thsi yr and not sure if i shoudl bank bigger rrsp this yr or next yr. | I think it depends on where you see your income to be in the next year or the future. If you expect your income to be higher in a future year, make larger RRSP contributions for that particular year.
Generally, when people are on EI, their taxable income is only a fraction of the regular pay. The lower income would mean a lower marginal tax bracket which diminishes the power of RRSP.
In short: Income high? make RRSP contribution high |
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04-05-2021, 09:48 AM
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#7 | ninja edits your posts without your knowledge
Join Date: Jan 2004 Location: Vancouver
Posts: 14,997
Thanked 6,370 Times in 1,795 Posts
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You could buy RRSPs in the first 60 days then decide how much to use when you actually file for the previous year or push forward to the next year.
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04-05-2021, 12:52 PM
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#8 | RS.net, helping ugly ppl have sex since 2001
Join Date: Apr 2004 Location: Vansterdam
Posts: 8,205
Thanked 1,907 Times in 997 Posts
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| Quote:
Originally Posted by Euro7r I remember one of my ex gf mom using them. This was like 13 years back at that time and I think they were charging like $100 bucks for a basic return.
I get it, not everyone knows how to use computers or could be scared to DIY, but their charge kinda steep for a basic return (which should takes max 1-hour if anything). | My idea of a basic return is 15 mins max if that. T4 + RRSPs + maybe a couple donations
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04-06-2021, 07:18 AM
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#9 | Performance Moderator
Join Date: Jun 2001 Location: Richmond
Posts: 18,425
Thanked 19,838 Times in 6,743 Posts
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| Quote:
Originally Posted by 6793026 I use an accountant. One man shop; office at Parker place. Super legit as he's on the radio talk each week. The fact he has an office and not a shady home office was key.
Maybe cause it's covid but man he's super on the ball when it comes to emails.
Lastly, when it comes to pricing, much better than freaking h&R block and when I ask him a questions, at least he answers! I'm not even sure if H&R block people are certified or accountants at all. | What’s his info that would be convenient I’m in Richmond... does he speaks English? Maybe a weird question but hey it’s Parker place haha
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04-06-2021, 10:17 AM
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#10 | OMGWTFBBQ is a common word I say everyday
Join Date: Dec 2009 Location: Burnaby
Posts: 5,114
Thanked 7,035 Times in 2,582 Posts
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I use Ufile.ca.
Even if you're not comfortable, most tax software nowadays allow you to link your tax information with your Service Canada My Account. So you can literally pre-fill your tax return based on the information the CRA already has on file from your employer's T4. https://www.canada.ca/en/revenue-age...it/tfsmk7.html
It couldn't be any easier nowadays, there's really no reason to use anything such as HR Block.
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04-06-2021, 02:25 PM
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#11 | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,812
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was using simpletax.ca but now i thinks it's moved to wealthsimple
either way, super easy to use
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04-06-2021, 09:07 PM
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#12 | in the butt
Join Date: Aug 2016
Posts: 3,183
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I wish i had simple taxes, then again, im glad i dont
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04-08-2021, 04:05 PM
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#13 | RS.net, helping ugly ppl have sex since 2001
Join Date: Apr 2004 Location: GTA, BC, HK
Posts: 8,019
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It's people like my parents who aren't capable and not yet at retirement age...
these are the people who are not tech savvy and appreciate just a face to a name. Eg// London Drugs, Future Shop + H&R block, you shoudl see the $$ people spend when they are there.
Happy to pay $150 for H&R block just so they won't need to touch an iphone / cpu.
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