Would you lend the government money interest free? Sounds crazy, doesn’t it? But that’s exactly what millions of us do every year when we receive our IRS refund. Your refund may seem like a gift, but it’s actually not. We receive a tax refund simply because we paid the IRS more money than we needed to. Far from being a windfall, our tax refund is money we rightfully … [Read more...]
5 Super Smart Things to Do with Your Refund Check
Last year the average taxpayer received a federal tax refund of nearly $3200. Having received such a large check in the past, I can fully appreciate the temptations to spend the money on something “fun”. We all work hard for our money so a new toy or vacation should be considered reasonable. Right? But, if you can resist the temptation to splurge, your IRS “windfall” offers … [Read more...]