It’s been all celebration and hoopla, what with ringing in the traditional American New Year and the Chinese New Year. But, those days are drawing to a close. By Jan. 31, we should all have our tax documents in place. And then comes the real fun.
Welcome to tax season 2012.
Retail was bound to get in on the action at some point. And mega-retailer Walmart has found a way with its recent announcement to open 2,800 Jackson Hewitt Tax Service kiosks inside its stores nationwide.
The benefit is twofold – existing Walmart customers get the benefit of killing two birds with one stone, with tax preparation and shopping handled all in one spot. Secondly, the kiosks may also attract non-regular Walmart shoppers who also happen to need their taxes done. And – oh wait, that’s more than two, but hopefully you don’t mind – Jackson Hewitt is able to offer its tax services to more folks than ever before with this recent partnership.
In a sense, everyone wins.
Walmart has continued to sweeten the tax deal by offering IRS-check-cashing services – only $3 for checks up to $1,000 and $6 for checks up to $7,500 (restrictions apply, see official press release). In addition, Walmart is offering:
- Bill payment options for 88 cents.
- Money transfers (like MoneyGram) for a “low fee.”
- Walmart MoneyCard, a loadable, pre-paid debit card.
Wait – is Walmart getting into the financial services industry? It appears as though they might be. While I’m not sure if this is a good idea or a bad one, it is an excellent example of a retailer meeting the needs of its consumers in a variety of ways.
So, who is doing your taxes this year? Do you approve of the merging of finances and retail? Give us your perspective here.
-Heather Strang
*Photo courtesy of Google Images.

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