Auto Club: Southern Californians Use IRS Rebates to Hit the Road; AAA Travel Agency Sees Trend Among Newly Flush Taxpayers.Business/Lifestyle/Travel Editors LOS ANGELES--(BUSINESS WIRE)--July 23, 2001 With IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. rebate rebate, partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges. checks up to $300 for individuals and $600 for married couples beginning to arrive in mailboxes this week, some taxpayers are planning to use the money for travel, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Automobile Club of Southern California The Automobile Club of Southern California was founded December 13, 1900 in Los Angeles as one of the nation's first motor clubs dedicated to improving roads, proposing traffic laws and improvement of overall driving conditions. . Would-be travelers have asked agents at many of the Auto Club's 70 AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. Travel Agency offices about trips that would fall within the rebate range. Others have indicated they may use rebates to offset the cost of trips. While most taxpayers have said they plan to wait until the money is in hand, several trips already have been booked and paid for at Auto Club Travel Agencies. "We had one person buy a Trafalgar tour to Europe, another is going on a weekend Carnival carnival, communal celebration, especially the religious celebration in Catholic countries that takes place just before Lent. Since early times carnivals have been accompanied by parades, masquerades, pageants, and other forms of revelry that had their origins in cruise to Mexico and a person bought a pair of airline tickets to Florida," said Leslie Leonard, manager of Travel Services for the Automobile Club of Southern California. "There is definitely interest in using the rebate for travel because $300-$600 can buy a nice weekend getaway. While it is still too early to tell how many trips will be booked, we expect this initial interest to grow." The Treasury Department planned to mail approximately 8 million checks, totaling $3.3 billion, last Friday. Over a period of 10 weeks through the end of September, the department expects to mail out about 92 million checks totaling about $38 billion. Officials have encouraged Americans to spend the money in an effort to spur the economy. "It's a nice windfall windfall An unexpected profit or gain. An investor holding a stock that increases greatly in price because of an unexpected takeover offer receives a windfall. , especially when you consider the discounts available this summer and many of our member benefits," said Leonard. "As an example, Auto Club member discounts can take a weekend cruise that normally runs about $800 down to $550 per person. If you subtract A relational DBMS operation that generates a third file from all the records in one file that are not in a second file. the maximum individual IRS rebate, the cost of the cruise is only $250." The Automobile Club of Southern California, the largest AAA affiliate, has been serving members since 1900. Today, Auto Club members benefit by the organization's roadside assistance, financial products, travel agency and trip planning services, highway and transportation safety programs, insurance products and services and automotive pricing, buying and financing programs. Information about these products and services is available on the Auto Club's Web site at www.aaa-calif.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion