Why a Huge Tax Refund Is not as Awesome as You Suppose 2014
Tax season is here, and whereas it'd really feel good to open an enormous refund test in a while, you don't truly desire a massive refund. The Washington Post explains why in this video-utilizing Peeps as an example.
Basically, when you get a refund, the government is giving you money that you didn't owe in taxes, but paid them anyway. Unfortunately, they don't pay you back with interest, which means you could have gotten more money by putting it into a savings account, investing it, or paying off debt that would have accrued interest.
So what should you do? As you go through your taxes this season, make sure your W-4 is up to date, and possibly enlist a professional for help. You won't get that victorious feeling of opening a big check, but you'll have more money total, which feels pretty nice.
Why You Do not Desire a Huge Tax Refund | Washington Submit
View the Original article
http://indomp3.asia
Tidak ada komentar:
Posting Komentar